The demand forecast for year 4, given the three-year moving average for the store, would be 120
When finding the demand forecast for a company's activities in a year, by using the moving average method, you find the average of the activities in the number of years required by the moving average.
With a three-year moving average, you find the average of the demand figures from the previous 3 years which would be :
= ( 112 + 98 + 150 ) / 3 years
= 360 / 3
= 120
Find out more on moving averages at https://brainly.com/question/15188858
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