The President of State University Wants to Forecast Student Enrollments

question 50

Multiple Choice

The president of State University wants to forecast student enrollments for this academic year based on the following historical data: $$\begin{array} { | l | c | } \hline \text { Year } & \text { Enrollments } \\\hline \text { 5 Years ago } & 15,000 \\\hline \text { 4 Years ago } & 16,000 \\\hline \text { 3 Years ago } & 18,000 \\\hline \text { 2 Years ago } & 20,000 \\\hline \text { Last Year } & 21,000 \\\hline\end{array}$$
What is the forecast for this year using a four-year simple moving average?

• A) 18,750
• B) 19,500
• C) 21,000
• D) 22,650
• E) 22,800

---

Definitions:

Capital Budgeting

A process that companies use to evaluate and select long-term investments based on their potential to generate profit.

Corporate Organizational Structure

Corporate Organizational Structure defines how activities such as task allocation, coordination, and supervision are directed towards the achievement of organizational aims.

Vice President

An officer in a government or business organization ranking below a president or chief executive officer.

Chief Executive Officer

The highest-ranking executive in a company, responsible for major corporate decisions, overall operations, and resource management.