Course Solutions Uncategorized (Answered) : Consider the demand data listed below. What is the 4-month moving average forecast forJune? Month Actual Demand

(Answered) : Consider the demand data listed below. What is the 4-month moving average forecast forJune? Month Actual Demand

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:40 pm
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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

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