Question: Using the data set below, what would be the forecast for period 4 using a three period moving average: (Choose the closest answer.) PeriodActual Demand

Using the data set below, what would be the forecast for period 4 using a three period moving average: (Choose the closest answer.)

PeriodActual Demand

110,000

212,400

313,250

415,750

520,500

618,500

a. 11,500

b. 11,883

c. 14,008

d. 12,244

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