USE THE FOLLOWING INFORMATION FOR NEXT 2 QUESTIONS

YEAR SALES (UNITS) 1 250,000 2 360,000 3 400,000 4 425,000 5 480,000

11. If the above represents sales data for the last 5 years, what is the forecast for year 6 if a 2-year moving average is used?

a. 462,500 b. 432,500 c. 442,500 d. 452,500 12. Using the data above, what is the forecast for year 6 if a 2-year weighted moving average is used? Use 7 for the oldest and 3 for the most recent. A 441,500 B 431,500 C 451500 D. 461,500