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Data Set E1 Period Sales Volume 1 13,000 2 13,400 3 15,250 4 16,750 5 18,500 6 19,500 7 17,750 8 20,500 9 21,500 10

Data Set E1

Period Sales Volume
1 13,000
2 13,400
3 15,250
4 16,750
5 18,500
6 19,500
7 17,750
8 20,500
9 21,500
10 22,550
Using Data Set E1, what would be the forecast for period 7 using a four period moving average: (Choose the closest answer.)
a.

15,975

b.

17,000

c.

18,125

d

20,575

e

70,000

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