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