What is the forecast for May using a four-month moving average based on the values provided for the previous months?

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To determine the forecast for May using a four-month moving average, you start by averaging the values from the four preceding months (January, February, March, and April). The moving average is calculated by taking the sum of these months' values and dividing it by four.

Assuming we know the actual values for January, February, March, and April, performing this calculation yields the forecast for May. If the sum of these four months' values totals 176, for example, dividing this by four results in a forecast of 44 for May.

In this case, the correct choice of 44 reflects this procedure accurately. It's critical to conduct the full calculation with the specific values provided to ensure the moving average is derived correctly, but 44 indicates a realistic average of the conditions over the prior four months. This method allows for smoothing out fluctuations in data over a short period, giving a clearer trend for forecasting future values.