Question: suppose that you are using the four-period simple moving average method to forecast sales, and sales have been decreasing by 25% every period. How will

suppose that you are using the four-period simple moving average method to forecast sales, and sales have been decreasing by 25% every period. How will your forcast perform?
A. Forecast will be lower than actual
B. Forecast will be higher than actual
C. Forecast will equal actual
D. Forecast will be increasing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!