Question: answer 19 An operations analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD

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answer 19 An operations analyst is forecasting
19 An operations 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 00:32:19 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 for last year and .3 for two years ago

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