Question: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data:
YEAR QUANTITY SOLD
Four years ago 10,000
Three years ago 12,000
Two years ago 18,000
Last year 20,000
What is this year's forecast using a two-year weighted moving average with weights of .7 and .3?
Multiple Choice
19,400
11,400
10,600
18,600
19,000

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