Question: Consider the data below: Month Demand Jan 195 Feb 195 Mar 120 Apr 135 May 225 Jun 240 Jul 195 Aug 255 Sep 240 Oct

Consider the data below:

Month Demand
Jan 195
Feb 195
Mar 120
Apr 135
May 225
Jun 240
Jul 195
Aug 255
Sep 240
Oct 225
Nov 210

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

a.

225

b.

161

c.

170

d.

310

e.

232

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