Question
Use the following data for problems 27 - 28. Month Sales Jan 34 Feb 36 Mar 39 Apr 37 May 38 June 27. Using a
Use the following data for problems 27 - 28.
| Month | Sales | |||||
| Jan | 34 | |||||
| Feb | 36 | |||||
| Mar | 39 | |||||
| Apr | 37 | |||||
| May | 38 | |||||
| June |
27. Using a two month moving average, what is the forecast for June?
A. 37.5
B. 21.0
C. 38.0
D. 35.0
28. Using a two month weighted moving average, compute a forecast for June with weights of 0.2, and 0.8 (oldest data to newest data, respectively).
A. 32.3
B. 37.8
C. 36.8
D. 35.4
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Brief Calculus & Its Applications
Authors: Larry J Goldstein, David C Lay, David I Schneider, Nakhle I Asmar
13th Edition
0321888510, 9780321888518
