Company Wants to Forecast Demand Using the Simple Moving Average

question 77

Multiple Choice

company wants to forecast demand using the simple moving average.If the company uses four prior yearly sales values ,which of the following is the simple moving average forecast for year 2017?

• A)100.5
• B)140.0
• C)142.5
• D)145.5
• E)155.0

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Definitions:

First Step

The initial action or move in a process or series of actions.

Volatile

Characterizing something that is highly unstable, unpredictable, or prone to rapid changes, often used in the context of chemical substances or financial markets.

Non-supervisory Employees

Workers who do not have managerial or supervisory responsibilities and typically focus on executing tasks rather than managing teams.

Rigid

Describes something that is stiff and inflexible, unable to bend or be forced out of shape easily.