Question: 13. What is the approximate forecast for May using a four-month moving average? Nov. Dec. Jan. Feb. Mar. April 39 36 40 42 48 46

13. What is the approximate forecast for May using a four-month moving average?

Nov.

Dec.

Jan.

Feb.

Mar.

April

39

36

40

42

48

46

A) 38

B) 42

C) 43

D) 44

E) 47

14. Which time-series model below assumes that demand in the next period will be equal to the most recent period's demand?

A) naive approach

B) moving average approach

C) weighted moving average approach

D) exponential smoothing approach

E) random approach

please explain both answers

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