Question: Using a weighted moving average, what is the forecast for pairs of snow boots for January if the weights applied to September, October, November and
Using a weighted moving average, what is the forecast for pairs of snow boots for January if the weights applied to September, October, November and December are 0.1, 0.15, 0.25, and 0.5 respectively. Do not round intermediate calculations. Round your answers to 2 decimal places. Actual Snowboot Sales September 10,000 pairs of snowboots October 15,000 pairs of snowboots November 18,000 pairs of snowboots December 20,000 pairs of snowboots
2. Identify 3 reasons why using a weighted moving average for forecasting sales of pairs of snowboots is beneficial if you are a snowboot manufacturer. Need the answer for second part
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