Suppose that you are using the simple mean to make a forecast. This period$$s forecast was equal to $200$ units, and it was based on $4$ periods of demand. This period$$s actual demand was twice as many units as the forecast. What is your forecast for next period?

Question $17$Answer

a$.$

$200$

b$.$

$220$

c$.$

$240$

d$.$

$250$

e$.$

$400$