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Referring to Table 1, the weighted 2month moving average for November using weights of 0.7 and 0.3 (use 0.7 for the most recent month) is:

Referring to Table 1, the weighted 2’month moving average for November using weights of 0.7 and 0.3 (use 0.7 for the most recent month) is:

The following actual demand occurred over a 12 month period as shown in Table 1 below.

Table 1

Month

Demand

Jan

700

Feb

640

Mar

500

Apr

620

May

700

Jun

650

Jul

775

Aug

800

Sep

750

Oct

825

Nov

850

Dec

800

Select One:

a) 802.50

b) 737.50

c) 765.00

d) 785.00

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