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 2016 at 10% and year 2017 at 90%, which of the following is the weighted moving average forecast for year 2018?
A) 120
B) 128
C) 133
D) 138
E) 142
Correct Answer:
Verified
Correct Answer:
Verified
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