Question: Consider the data below: Month Demand Jan 185 Feb 215 Mar 275 Apr 170 May 215 Jun 140 Jul 260 Aug 275 Sep 215 Oct

Consider the data below:

Month Demand
Jan 185
Feb 215
Mar 275
Apr 170
May 215
Jun 140
Jul 260
Aug 275
Sep 215
Oct 230
Nov 275

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

a.

225

b.

248

c.

211

d.

331

e.

240

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