Referring to Table 1, the weighted 2’month moving average for November using weights of 0.7 and 0.3 (use 0.7 for the most recent month) is:

The following actual demand occurred over a 12 month period as shown in Table 1 below.

Table 1

Month	Demand
Jan	700
Feb	640
Mar	500
Apr	620
May	700
Jun	650
Jul	775
Aug	800
Sep	750
Oct	825
Nov	850
Dec	800

Select One:

a) 802.50

b) 737.50

c) 765.00

d) 785.00

Answer rating: 100% (QA)

2 month moving average for No... View the full answer