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Question
A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2007 = 110 and year 2008 = 130) and we want to weight year 2007 at 10% and year 2008 at 90%, which of the following is the weighted moving average forecast for year 2009?
A. 120
B. 128
C. 133
D. 138
E. 142
Answer
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Related questions
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