Question

A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2006 = 160, year 2007 = 140 and year 2008 = 170) and we want to weight year 2006 at 30%, year 2007 at 30% and year 2008 at 40%, which of the following is the weighted moving average forecast for year 2009?
A. 170
B. 168
C. 158
D. 152
E. 146

Answer

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