Period : Demand
1 :58
2 :59
3 :60
4 :61
-What is the moving-average forecast for the next period based on the last three periods
A)58
B)62
C)60
D)61
E)None of the above

Question

Period : Demand
1 :58
2 :59
3 :60
4 :61
-What is the moving-average forecast for the next period based on the last three periods 
A)58 
B)62 
C)60 
D)61 
E)None of the above

Quizplus · Accepted Answer

The moving-average forecast for the next period based on the last three periods would be the average of the demand values in those three periods, which is (58+59+60)/3 = 59. So, option C is the correct answer.

Period : Demand 1 :58