Question: Sales Forecast using Weighted Moving Average 1 . Given the following, determine the expected sales on September 1 8 th and September 1 9 th
Sales Forecast using Weighted Moving Average
Given the following, determine the expected sales on September th and September th using a day weighted moving average.
Is your weighted moving average result higher or lower than if you had simply done a day moving average? What caused it to be higher or lower?
MONTH DATE ACTUAL SALES IN DOLLARS
W
W
W
SEPTEMBER $
$
$
$
$
$
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