Question: QUESTION 19 What is the three-month moving average forecast for May, given the following observed demands? Nov. Dec. Jan. Feb. Mar. April 340 344 340

QUESTION 19 What is the three-month moving average forecast for May, given the following observed demands? Nov. Dec. Jan. Feb. Mar. April 340 344 340 349 371 375 a. 353.17 b. 375 C. 365 d. 391.7 e. 436 QUESTION 20 The movement of the long-term average of a time series over time is a. trend b. seasonal variation c exponential variation d. cycles e. random variation

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