Question: A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values ( i . e .

A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2021=160, year 2022=140, and year 2023=170), and we want to weight year 2021 at 30%, year 2022 at 30%, and year 2023 at 40%, which of the following is the weighted moving average forecast for year 2024?
152
146
158
168
170
 A company wants to forecast demand using the weighted moving average.

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