Question: Suppose that you are using the five-period simple moving average method to forecast sales, and sales have been decreasing by 20% every period. How will
Suppose that you are using the five-period simple moving average method to forecast sales, and sales have been decreasing by 20% every period. How will your forecasts perform?
Group of answer choices
Forecasts will be decreasing by 5% every period.
Forecasts will be decreasing by 20% every period.
Forecasts will be higher than actual.
Forecasts will be increasing by 20% every period.
Forecasts will be lower than actual.
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