Multiple Choice
A company wants to forecast demand using the weighted moving average.If the company uses three prior yearly sales values , and we want to weight year 2010 at 30%, year 2011 at 30% and year 2012 at 40%, which of the following is the weighted moving average forecast for year 2013?
A) 170
B) 168
C) 158
D) 152
E) 146
Correct Answer:
Verified
Correct Answer:
Verified
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