Question: Suppose that you are using the four-period weighted moving average forecasting method to forecast sales and you know that sales will be decreasing every period
Suppose that you are using the four-period weighted moving average forecasting method to forecast sales and you know that sales will be decreasing every period for the foreseeable future. What of the following would be the best set of weights to use (listed in order from the most recent period to four periods ago, respectively)?
A. 0.10, 0.20, 0.30, 0.40
B. 0.40, 0.30, 0.20, 0.10
C. 0.25, 0.25, 0.25, 0.25
D. 0.00, 0.00, 0.00, 1.00
E. 1.00, 0.00, 0.00, 0.00
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
