Calculate the forecast. Demand for the preceding four years is: Year 1 is 62,400 Year 2 is
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Question:
Calculate the forecast. Demand for the preceding four years is:
Year 1 is 62,400
Year 2 is 63,200
Year 3 is 64,700
Year 4 is 62,600.
What is the forecast demand for year 5 using a three-year weighted average using:
0.4 for year 4.
0.2 for year 3.
0.4 for year 2.
Options: 62,400, 63,200, 64,700, or 62,660.
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