Table 14.7
-Use the information in Table 14.7.What is the forecast for July with the two-month moving-average method and June sales of 40 units?
A)fewer than or equal to 25 units
B)greater than 25 but fewer than or equal to 30 units
C)greater than 30 but fewer than or equal to 35 units
D)greater than 35 units

Question

Table 14.7 
-Use the information in Table 14.7.What is the forecast for July with the two-month moving-average method and June sales of 40 units?
A)fewer than or equal to 25 units 
B)greater than 25 but fewer than or equal to 30 units 
C)greater than 30 but fewer than or equal to 35 units 
D)greater than 35 units

Quizplus · Accepted Answer

Using the two-month moving-average method, the forecast for July would be the average of the June and May sales (40 and 32 respectively). 
Forecast for July = (40 + 32) / 2 = 36 units. 
Therefore, the forecast for July would be greater than 30 but fewer than or equal to 35 units, so the best choice is C.

Table 14.7 -Use the Information in Table 14.7.What Is the Forecast for the Forecast