Over a six-month period,the demand for a product has been: June = 200,July = 210,August = 240,September = 240,October = 260,and November = 280.The three-month moving average forecast for December is:
A)240.
B)260.
C)280.
D)300.

Question

Quizplus · Accepted Answer

The three-month moving average for December is calculated as the average of the demand in September, October, and November. (240 + 260 + 280)/3 = 260. Therefore, the best choice is B.

Over a Six-Month Period,the Demand for a Product Has Been