Question: A comparry wants to forecast demand using the weighted moving average. If the company uses three prior yearly saies values flecyear2015=160, year 2016 a 140

A comparry wants to forecast demand using the weighted moving average. If the company uses three prior yearly saies values flecyear2015=160, year 2016 a 140 and yeat 2017=170), and we want to weight year 2015 at 30%, year 2016 at 30% and year 2017 at 40% which of the following is the weighted moving average forecast foryear 2018 ? Mulivele Choice 152 146

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

a - A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2017 = 199 and year 2018 = 134 ), and wants to weight year 2017...

1. A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2017 = 105 and year 2018 = 163 ), and wants to weight year 2017...

(a) A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2017 = 126 and year 2018 = 152 ), and wants to weight year 2017...

A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2016 = 133 , year 2017 = 127 , and year 2018 = 157 ), and wants...

1. A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2014 = 100, year 2015 = 120, year 2016 = 140, and year 2017 =...

2. A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2015 = 160, year 2016 = 140 and year 2017 = 170), and we want...

4. A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (.e. year 2015 = 150 year 2016 = 140 and year 2017=160) and we want to...

5. Time-series Analysis (9 points) a. (3 points) A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2005= 157 , year...

Time-series Analysis (9 points) a. (3 points) A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2005 = 157, year 2006...

Sizwe has R110 000 in his savings account from Year 1. If he leaves this sum untouched and continues to earn a return of 10% compounded annually as he has previously, how much will he have in the...

Each of the following statements about central hanks of countries and foreign exchange markets is true except: a. The central banks are generally major players in the foreign exchange market. b. Most...

( CH C 1 5 ) Steve files his return on April 1 and pays the entire amourt of tax for the year at that time, $ 5 . 0 0 0 . He is audited and pays the deficiency of $ 1 , 5 0 0 two years later. The...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...