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What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3,
What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)?
Nov. | Dec. | Jan. | Feb. | Mar. | April |
37 | 36 | 40 | 46 | 50 | 41 |
a. | 46.2 | |
b. | 45.7 | |
c. | 45.1 | |
d. | 135.3 | |
e. | None of the above |
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