A Company Wants to Forecast Demand Using the Weighted Moving

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 2014 at 30 percent, year 2018 at 30 percent, and year 2019 at 40 percent, which of the following is the weighted moving average forecast for year 2020?

A) 170
B) 168
C) 158
D) 152
E) 146