Question

A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values (i.e., year 2006 = 130, year 2007 = 110 and year 2008 =160), which of the following is the simple moving average forecast for year 2009?
A. 100.5
B. 122.5
C. 133.3
D. 135.6
E. 139.3

Answer

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