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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,
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
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