A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2015 = 110 and year 2016 = 130), and we want to weight year 2015 at 0.10 and year 2016 at 0.90, which of the following is the weighted moving average forecast for year 2017? Group of answer choices a. 120 b. 138 c. 142 d. 128 e. 133
A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2015 = 110 and year 2016 = 130), and we want to weight year 2015 at 0.10 and year 2016 at 0.90, which of the following is the weighted moving average forecast for year 2017? Group of answer choices a. 120 b. 138 c. 142 d. 128 e. 133
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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A company wants to
If the company uses two prior yearly sales values (i.e., year 2015 = 110 and year 2016 = 130), and we want to weight year 2015 at 0.10 and year 2016 at 0.90, which of the following is the weighted moving average forecast for year 2017?
Group of answer choices
a. 120
b. 138
c. 142
d. 128
e. 133
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