40) A car manufacturing company is having a demand of
100 cars in the month of September, 200 cars in the month
of October, 300 cars in the month of November and 400
in the month of December. Which one of the given options
represent a 3month moving average for the month of
January?
A) 300
B) 350
C) 400
D) 450
Answers
Answered by
16
100+200+300/3=200
200+300+400/3=300
So Option A is correct I.e 300:
Answered by
0
Given:
Demand in December=400
Demand in November=300
Demand in October=200
To find:
The 3-month moving average for the month of January
Solution:
The 3-month moving average for the month of January is 300. (Option A)
The 3-month moving average can be obtained by taking the sum of the demand for the last three months and dividing it by 3.
The last three months are December, November, and October.
So, the moving average for the month of January=(Demand in December+Demand in November+Demand in October)/3
=(400+300+200)/3
=900/3
=300
Therefore, the moving average for the month of January is 300.
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