Consider the demand data listed below. What is the 4-month moving average forecast forJune?
Month
Actual Demand
Jan.
10,000
Feb.
12,000
Mar.
24,000
Apr.
8,000
May
14,000
a) 14,000
b) Not enough information is given to answer the question.
c) 14,500
d) 13,500
e) 15,333
I know the answer is C but how do you get it?
Expert Answer
Answer is C) 14500
Demand for the month of June – Moving Average (4-month) = (Feb+Mar+Apr+May)/4 =
(12000+24000+8000+14000)/4 = 14500