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The table presents the demand of a product. By simple three-months moving average method, the demand-forecast

August 31, 2023
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The table presents the demand of a product. By simple three-months moving average method, the demand-forecast

Q. The table presents the demand of a product. By simple three-months moving average method, the demand-forecast of the product for the month of September is

MonthDemand
January450
February440
March460
April510
May520
June495
July475
August560

(A) 490                       (B) 510                       (C) 530                      (D) 536.67

Sol:

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