The five month moving averages for the following data
Month () 43 44 45 46 47 48 49 50 51 Actual Demand 105 106 110 110 114 121 130 128 137
is:
The five month moving averages for the following data
| Month () | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 |
|---|---|---|---|---|---|---|---|---|---|
| Actual Demand | 105 | 106 | 110 | 110 | 114 | 121 | 130 | 128 | 137 |
is:
Solution
✅ Correct Option: 1
A 5-month moving average takes any 5 consecutive months, adds their demands, and divides by 5. The calculation then slides forward by one month.
| Month | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 |
|---|---|---|---|---|---|---|---|---|---|
| Demand | 105 | 106 | 110 | 110 | 114 | 121 | 130 | 128 | 137 |
Months 43 to 47:
Months 44 to 48:
Months 45 to 49:
Months 46 to 50:
Months 47 to 51:
The five-month moving averages are: 109, 112.2, 117, 120.6, 126
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