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A company wants to forecast demand using three prior yearly sales values. Sales per year in 2017, 2018, 2019, 2020, 2021 and 2022 were
A company wants to forecast demand using three prior yearly sales values. Sales per year in 2017, 2018, 2019, 2020, 2021 and 2022 were 110,130, 145, 134, 150, and 165, respectively. Yearly weights are assigned as follows: 10% for the year 2017, 12% for the year 2018, 14% for the year 2019, 17% for the year 2020, and 25% for the year 2021. The weighted moving average forecast for the year 2023 is?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
