Table 6 -1. Actual Sales Data

-Refer to Table 6 -1. Using a three -month moving average, the forecast sales for periods 4 and 5 are approximately
A) 383 and 418.
B) 383 and 448.
C) 418 and 448.
D) 418 and 473.
E) 448 and 473.

Question

Table 6 -1. Actual Sales Data
 
-Refer to Table 6 -1. Using a three -month moving average, the forecast sales for periods 4 and 5 are approximately
A) 383 and 418. 
B) 383 and 448. 
C) 418 and 448. 
D) 418 and 473. 
E) 448 and 473.

Quizplus · Accepted Answer

The three-month moving average for period 4 is calculated by averaging the sales from periods 1, 2, and 3. For period 5, the average is taken from periods 2, 3, and 4. Without the specific sales figures from the table, the exact numbers can't be calculated here, but the method involves summing the sales for the three months prior to the forecasted period and dividing by three.