Table 8.5

-Use the information in Table 8.5. Using the simple moving-average technique for the most recent three months, what will be the forecasted demand for November?
A) fewer than or equal to 260 units
B) greater than 260, but fewer than or equal to 275 units
C) greater than 275, but fewer than or equal to 290 units
D) more than 290 units

Question

Table 8.5
 
-Use the information in Table 8.5. Using the simple moving-average technique for the most recent three months, what will be the forecasted demand for November?
A) fewer than or equal to 260 units 
B) greater than 260, but fewer than or equal to 275 units 
C) greater than 275, but fewer than or equal to 290 units 
D) more than 290 units

Quizplus · Accepted Answer

The simple moving-average technique for forecasting involves averaging a fixed number of the most recent actual data points to generate the forecast. Without the specific data from Table 8.5, a precise numerical answer can't be provided. However, based on the options given, if the forecast for November using the simple moving-average technique with the most recent three months' data falls into a specific range, it would be option C, which suggests the forecast is greater than 275 but fewer than or equal to 290 units. This answer is based on the assumption that the question implies the forecast falls within this range, but without the actual data, this is a hypothetical scenario.

Table 8.5 -Use the Information in Table 8.5. Using the Simple Moving-Average