Question: Use the following sales data information to answer the question: Period Sales 30 2 59 3 17 33 54 Using the 4-period weighted moving average

Use the following sales data information to answer the question: Period Sales 30 2 59 3 17 33 54 Using the 4-period weighted moving average method; calculate the forecast error in period 5. (Assume a weight of 0.5 is assigned to most recent period, 0.3 is assigned to second most recent period, and 0.1 is assigned to third most recent period.) O a. 23.5 O b. 16.1 O c. 16.3 O d. 26.5 O e. None of these vious page
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
