Question: A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2011 = 175

A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2011 = 175, year 2012 = 156, year 2013 = 157, and year 2014 = 114),

what is the 4-year simple moving average forecast for year 2015?

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