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

Question

Quizplus · Accepted Answer

The simple moving average is calculated by taking the average of the three most recent years' sales values. Without the specific sales values provided, we assume the calculation was done correctly for option C, which is 133.3.

A Company Wants to Forecast Demand Using the Simple Moving