Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2pt Using the data from the previous question, you've decided to calculate July's forecast using the weighted three-month moving average with 50 for June, 30

2pt Using the data from the previous question, you've decided to calculate July's forecast using the weighted three-month moving average with 50 for June, 30 for May, and 20 for April. Which of the following is the correct calculation? O First step: (28,000 x .5) + (20,000 x.3)+(18,000 x .2). Second step: Divide this number by 3. First step: (18,000 x .5) + (20,000 x .3) + (28,000 x 2). Second step: Divide this number by 1 O (28,000 x .5) + (20,000 x .3) + (18,000 x 2) O (18,000 x .5) + (22,000 x .3) + (16,000 x .2)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Information Analysis 2e

Authors: Philip ORegan

2nd Edition

0470865725, 978-0470865729

More Books

Students also viewed these Accounting questions

Question

Describe how stress makes us more vulnerable to disease.

Answered: 1 week ago

Question

2. (1 point) Given AABC, tan A b b

Answered: 1 week ago

Question

Do you currently have a team agreement?

Answered: 1 week ago

Question

How will the members be held accountable?

Answered: 1 week ago