The following sales figures show actual sales over the identified time period. What can be determined by comparing a simple mean forecast and a six month moving average forecast?
December 4,000
January 5,000
February 4,000
March 4,500
April 5,500
May 5,000
a) moving average develops a smoother forecast
b) 4.7, 5
c) 4.7, 4
d) 4, 4
e) 4, 4.7
Answer: d) 4, 4