A firm has the following order history over the last 6 months. January 120
February 95
March 100
April 75
May 100
June 50
What would be the 4-month simple moving average forecast for July?
A) 97.5
B)325
C) 90
D) 81.25
E) 50

Question

Quizplus · Accepted Answer

The 4-month simple moving average is calculated by taking the average of the last four months' orders. For April, May, and June, the orders are 75, 100, and 50 respectively. The average is (75 + 100 + 50) / 4 = 81.25.

A Firm Has the Following Order History Over the Last