Question: Consider the data below: Month Demand Jan 337 Feb 262 Mar 322 Apr 202 May 187 Jun 232 Jul 202 Aug 217 Sep 307 Oct

Consider the data below:

Month Demand
Jan 337
Feb 262
Mar 322
Apr 202
May 187
Jun 232
Jul 202
Aug 217
Sep 307
Oct 277
Nov 202

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

a.

262

b.

250

c.

307

d.

280

e.

334

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