Question: Case A: Snow Boots 'R Us 1.Using a weighted moving average, what is the forecast for pairs of snowboots for January if the weights applied

Case A: Snow Boots 'R" Us

1.Using a weighted moving average, what is the forecast for pairs of snowboots for January if the weights applied to September, October, November and December are 0.1, 0.15, 0.25 and 0.5 respectively.Do not round intermediate calculations.Round your answers to 2 decimal places.(2 marks)

Actual Snowboot Sales

  • September10,000 pairs of snowboots
  • October15,000 pairs of snowboots
  • November18,000 pairs of snowboots
  • December20,000 pairs of snowboots

What are 3 reasons why using a weighted moving average for forecasting sales of pairs of snowboots is beneficial if you are a snowboot manufacturer.

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