Question: Consider the data below: Month Demand Jan 162 Feb 177 Mar 222 Apr 282 May 162 Jun 282 Jul 177 Aug 162 Sep 297 Oct

Consider the data below:

Month Demand
Jan 162
Feb 177
Mar 222
Apr 282
May 162
Jun 282
Jul 177
Aug 162
Sep 297
Oct 192
Nov 237

Predict the demand for December using 4-period moving average.

a.

296

b.

187

c.

210

d.

242

e.

222

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