-Over a six-month period, the demand for a product has been as follows: January = 200, February = 210, March = 240, April = 240, May = 260, and June = 280. The five-month moving average forecast for July is _______.
A)307.50
B)246.00
C)410.00
D)230.00
E)238.33

Question

-Over a six-month period, the demand for a product has been as follows: January = 200, February = 210, March = 240, April = 240, May = 260, and June = 280. The five-month moving average forecast for July is _______.
A)307.50 
B)246.00 
C)410.00 
D)230.00 
E)238.33

Quizplus · Accepted Answer

The five-month moving average is calculated by averaging the demand for the last five months: (210 + 240 + 240 + 260 + 280) / 5 = 246.00.

-Over a Six-Month Period, the Demand for a Product Has