A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2017 = 145, year 2018 = 161, year 2019 = 201, and year 2020 = 164), what is the 4-year simple moving average forecast for year 2021?

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To calculate the 4year simple moving average forecast for year 2021 you need to average t... View the full answer