A 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 20142017?
A)100.5
B)140.0
C)142.5
D)145.5
E)155.0

Question

Quizplus · Accepted Answer

To find the simple moving average forecast for year 2014-2017, we would add up the four prior yearly sales values and divide by four.

(2013+2014+2015+2016)/4 =142.5

Therefore, the simple moving average forecast for year 2014-2017 is 142.5, which is option C.

A Company Wants to Forecast Demand Using the Simple Moving