Data Set E1

Period	Sales Volume
1	10000
2	12400
3	14250
4	15750
5	20500
6	18500
7	15750
8	20500
9	21500
10	22550

Using Data Set E1, what would be the forecast for period 6 using a five period weighted moving average? The weights for each period are 0.05, 0.10, 0.20, 0.30, and 0.35 from the oldest period to the most recent period, respectively. (Choose the closest answer.)

Select one:

a.

16490

b.

17825

c.

14575

d.

16275