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The owner of Leisure Boutique in a local mall is forecasting this month's (October's) demand for one of her best-selling products based on the following
The owner of Leisure Boutique in a local mall is forecasting this month's (October's) demand for one of her best-selling products based on the following historical data: MONTH QUANTITY SOLD April 100 May 140 June 110 July 150 August 130 September 180 What is this month's forecast using a four-month weighted moving average with weights of .4, .3, .2, and .1? a. 149 b. 180 c. 181 d. 152 e. 156
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