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Industrial Engineering Miscellaneous

Industrial Engineering

  1. The actual sales of a product in different months of a particular year are given below:

    The forecast of the sales, using the 4 months moving average method, for the month of February is______.
    1. 240
    2. 245
    3. 230
    4. 250
Correct Option: A


FFeb =
FJan + FDec + FNov + FOct
4

FFeb =
240 + 190 + 250 + 280
4

FFeb = 240



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