Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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
image text in transcribed
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 ? 152 146 168 170 158

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_2

Step: 3

blur-text-image_3

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

General Managers In Action Policies And Strategies

Authors: Francis Joseph Aguilar

2nd Edition

0195073673, 978-0195073676

More Books

Students also viewed these General Management questions

Question

Use Matlab to plot that current versus time t, for 0 2 seconds

Answered: 1 week ago