Question: QUESTION 4: i. Which forecasting method is used to compute the sales forecast given in TABLE 1? (2 points) a) Last value method b) Averaging

QUESTION 4: i. Which forecasting method is used
QUESTION 4: i. Which forecasting method is used
QUESTION 4: i. Which forecasting method is used
QUESTION 4: i. Which forecasting method is used to compute the sales forecast given in TABLE 1? (2 points) a) Last value method b) Averaging method c) 4-month moving average method d) None of the above TABLE 1 Forecasted Demand Month 1 2 3 4 Actual Demand 12 13 15 19 12 13 15 ii. Which one of the following method is the most appropriate for forecasting the demand for June in the following sales data given in TABLE 2? (3 points) a) Averaging method b) Last value method c) 4-month moving average method d) Qualitative method TABLE 2 Month January February March April May June Sales 2 3 2 9 9 iii. Which one of the following method is the most appropriate for forecasting the sales of a new product? (2 points) a) Averaging method b) Last value method c) Qualitative method d) Moving average method

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