Question: A food processor uses a moving average to forecast next month's demand. Past actual demand is shown in the following table. Month 1 2 3

A food processor uses a moving average to forecast next month's demand. Past actual demand is shown in the following table.

Month

1

2

3

4

5

6

7

8

Actual demand

105

106

110

110

114

121

130

128

Required;

A)Compute a simple five month moving average to forecast demand formonth 9

B)Compute a simple sixmonth moving average to forecast demand formonth 9

C)Compute a simple five month moving average to forecast demand formonth 10 if the actual demand for month 9 is 123

D)Compute a simple five month moving average to forecast demand formonth 11 if the actual demand for month 10 is 130

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