Data Set E1
-Using the actual demand shown in the table below,what is the forecast for May (accurate to 1 decimal) using a 4-month weighted moving average and the weights 0.1,0.2,0.3,0.4 (with the heaviest weight applied to the most recent period) ?
A) 44.4
B) 43.0
C) 42.5
D) 41.6
Correct Answer:
Verified
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