Multiple Choice
A company wants to forecast demand using the weighted moving average.If the company uses two prior yearly sales values , and we want to weight year 2012 2015 at 10 percent and year 2013 2016 at 90 percent, which of the following is the weighted moving average forecast for year 20142017?
A) 120
B) 128
C) 133
D) 138
E) 142
Correct Answer:
Verified
Correct Answer:
Verified
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