Question: Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Demand 48 50 51 49 53 55 53 57 62
| Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| Demand | 48 | 50 | 51 | 49 | 53 | 55 | 53 | 57 | 62 | 58 | 64 | 66 | 63 | 68 |
X=48
Use a 4-month moving average to estimate the month-in-advance forecast of demand for months 5-14 and generate a forecast for the fifteenth month.
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