Question: TB MC Qu . 0 3 - 6 7 ( Static ) A company wants to forecast demand using... A company wants to forecast demand

TB MC Qu.03-67(Static) A company wants to forecast demand using...
A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2015=160. year 2016=140 and year 2017=170), and we want to weight year 2015 at 30%, year 2016 at 30% and year 2017 at 40%, which of the following is the weighted moving average forecast for year 2018?
Multiple Choice
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152
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168
 TB MC Qu.03-67(Static) A company wants to forecast demand using... A

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