Question: Consider the data below: Month Demand Jan 243 Feb 198 Mar 348 Apr 288 May 333 Jun 348 Jul 348 Aug 303 Sep 333 Oct

Consider the data below:

Month Demand
Jan 243
Feb 198
Mar 348
Apr 288
May 333
Jun 348
Jul 348
Aug 303
Sep 333
Oct 273
Nov 273

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

a. 295

b. 269

c. 263

d. 293

e. 394

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