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A company wants to forecast demand using the weighted moving average with the weights of 0.4, 0.3 and 0.3 (most recent period, next recent period,
A company wants to forecast demand using the weighted moving average with the weights of 0.4, 0.3 and 0.3 (most recent period, next recent period, etc). If the company has five prior yearly sales values (i.e., year 2014 = 160, year 2015 = 150, year 2016 = 160, year 2017 = 140 and year 2018 170), which of the following is the weighted moving average forecast for year 2019? 152 O 146 O 168 O 170 O 158
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