Question
Using a 3 month weighted moving average with weights of .6 for the most recent and .10 for the oldest period, (1) Make a forecast
Using a 3 month weighted moving average with weights of .6 for the most recent and .10 for the oldest period, (1) Make a forecast for the entire series (2) what do you forecast the sales to be in January?
Month Sales
Jan 1
Feb 3
Mar 2
April 5
May 7
June 7
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
