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Question 1: Using the data set below, what would be the forecast for period 4 using a three period moving average: (Choose the closest answer.)
PeriodActual Demand
110,000
212,400
313,250
415,750
520,500
618,500
Point a. 11,500
Point b. 11,883
Point c. 14,008
Point d. 12,244
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