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The Following Data Summarizes the Historical Demand for a Product

Question 86

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The following data summarizes the historical demand for a product:
 Month  Actual  Demand  March 20 April 25 May 40 Tune 35 Tuly 30 August 45\begin{array} { | l | c | } \hline \text { Month } & \begin{array} { c } \text { Actual } \\\text { Demand }\end{array} \\\hline \text { March } & 20 \\\hline \text { April } & 25 \\\hline \text { May } & 40 \\\hline \text { Tune } & 35 \\\hline \text { Tuly } & 30 \\\hline \text { August } & 45 \\\hline\end{array}
-Use a four-period moving average to determine the forecasted demand for July, August, and September.

Correct Answer:

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July forecast = 30; ...

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