Question: Consider the data below: Month Demand Jan 226 Feb 271 Mar 301 Apr 256 May 241 Jun 271 Jul 226 Aug 331 Sep 241 Oct

Consider the data below:

Month Demand
Jan 226
Feb 271
Mar 301
Apr 256
May 241
Jun 271
Jul 226
Aug 331
Sep 241
Oct 331
Nov 196

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

a.

256

b.

274

c.

366

d.

266

e.

263

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