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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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