Using the actual demand shown in the table below, what is the forecast for May (accurate to 1 decimal) using a 3-month weighted moving average and the weights 0.20, 0.35, 0.45 (with the heaviest weight applied to the most recent period.Round to nearest whole number)?

A) 51
B) 56
C) 62
D) 68

Question

Using the actual demand shown in the table below, what is the forecast for May (accurate to 1 decimal) using a 3-month weighted moving average and the weights 0.20, 0.35, 0.45 (with the heaviest weight applied to the most recent period.Round to nearest whole number) ?

A) 51 
B) 56 
C) 62 
D) 68

Quizplus · Accepted Answer

The Answer of Using the actual demand shown in the table below, what is the forecast for May (accurate to 1 decimal) using a 3-month weighted moving average and the weights 0.20, 0.35, 0.45 (with the heaviest weight applied to the most recent period.Round to nearest whole number)?

A) 51 
B) 56 
C) 62 
D) 68

Using the Actual Demand Shown in the Table Below, What