We know that your company sold 346 units in May 389 units in
We know that your company sold 346 units in May, 389 units in June, 332 units in July and 395 units in August. If you use a four-period moving average, what is your forecast for September sales?
Your Answer:
Question 9 options:
Answer
Solution
4 - period moving average = ( 346 + 389 + 332 + 395 ) / 4 = 365.5
So, Forecast for September sales = 365 ( approximately ) units
| Month | Units | 
| May | 346 | 
| June | 389 | 
| July | 332 | 
| August | 395 | 

