Question: Suppose that you are using the simple mean to make a forecast. This period s forecast was equal to 2 0 0 units, and it

Suppose that you are using the simple mean to make a forecast. This periods forecast was equal to 200 units, and it was based on 5 periods of demand. This periods actual demand was 300 units. What is your forecast for next period?
a)217
b)250
c)260
d)300
e)500

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