GATE Mechanical Engineering (ME) 2019 Shift 1 Solved Paper

Question : 18 of 65

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The table presents the demand of a product. By simple three-months moving average method, the demand-forecast of the product for the month of September is

Month	Demand
January	450
February	440
March	460
April	510
May	520
June	495
July	475
August	560

$510$
$536.67$
$490$
$530$

Validate

Solution:

By simple three-months moving average method, the forecast for the month of September will be

\;{495+475+560}/{3}=510

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