A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values , which of the following is the simple moving average forecast for year 2018?
A) 100.5
B) 140.0
C) 142.5
D) 145.5
E) 155.0

Question

Quizplus · Accepted Answer

The simple moving average is calculated by adding the sales values of the four prior years and dividing by four. Without the specific sales values provided, we assume the correct choice is based on the average of those values being closest to 142.5.

A Company Wants to Forecast Demand Using the Simple Moving