Suppose That You Are Using the Simple Mean to Make

question 28

Multiple Choice

Suppose that you are using the simple mean to make a forecast. This period's forecast was equal to 200 units, and it was based on 5 periods of demand. This period's actual demand was 300 units. What is your forecast for next period?

• A) 217
• B) 250
• C) 260
• D) 300
• E) 200

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