Question: Use the following sales data information to answer the question: Period Sales 1 30 2 59 3 17 4 33 5 54 Using the 4-period

Use the following sales data information to

Use the following sales data information to answer the question: Period Sales 1 30 2 59 3 17 4 33 5 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 evious page

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