Question: Based on the information shown below in Table 5, develop a forecast for June using the two-period moving average model. Table 5 Month Actual Demand

Based on the information shown below in Table 5, develop a forecast for June using the two-period moving average model.

Table 5

Month Actual Demand

February 850

March 900

April 975

May 950

The 2-period moving average forecast for June is:

A. more than or equal to 960

. B. less than or equal to 940.

C. more than 940 but less than or equal to 950.

D. more than 950 but less than or equal to 960.

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