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 2011 2014 at 30 percent, year 2012 2015 at 30 percent, and year 2013 2016 at 40 percent, which of the following is the weighted moving average forecast for year 20142017?
A) 170
B) 168
C) 158
D) 152
E) 146
Correct Answer:
Verified
Correct Answer:
Verified
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