Answer :
Final answer:
The correct answer is C. 133.3, which is the simple moving average forecast for year 2014 using the sales data from 2011, 2012, and 2013.
Explanation:
The simple moving average forecast for year 2014 using the three prior yearly sales values (2011, 2012, and 2013) is calculated by adding up these sales values and dividing by the number of values used, which in this case is three. The sales values from the years are 130, 110, and 160, respectively. To find the simple moving average:
Add the sales values: 130 + 110 + 160 = 400.Divide the sum by the number of values: 400 / 3 = 133.3.This means the correct answer is C. 133.3, which is the forecasted demand for year 2014 using a simple moving average based on the given prior yearly sales values.
