Multiple Choice
The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
What is this month's forecast using a four-month weighted moving average with weights of 0.4, 0.3, 0.2, and 0.1?
A) 120
B) 129
C) 141
D) 135
E) 140
Correct Answer:
Verified
Correct Answer:
Verified
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