A Company Wants to Forecast Demand Using the Simple Moving

question 91

Multiple Choice

A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values , which of the following is the simple moving average forecast for year 2018?

• A) 100.5
• B) 122.5
• C) 133.3
• D) 135.6
• E) 139.3

---

Definitions:

Value

A numerical or categorical information that represents the magnitude, quantity, or quality of a variable or entity.

Analog I/O

Input/Output interfaces that deal with continuous signals, allowing for the measurement and control of parameters such as temperature and pressure.

Monitoring

The process of continuously observing system performances and conditions to ensure optimal operation.

Control

Involves the regulation or manipulation of variables within a system to achieve desired outcomes or maintain a certain state of operation.