Using a three-period weighted moving average model with weights of W1 = 0.5,W2 = 0.4,and W3 = 0.1,what is the forecast of demand for week 6 using the same demand information from Problem 32?
A) 23.10
B) 28.10
C) 28.50
D) 28.67

Name: Using a three-period weighted moving average model with weights of W1 = 0.5,W2 = 0.4,and W3 = 0.1,what is the forecast of demand for week 6 using the same demand information from Problem 32? A) 23.10 B) 28.10 C) 28.50 D) 28.67
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Question

Quizplus · Accepted Answer

31(.5) + 25(.4) + 30(.1) = 28.5.

Using a Three-Period Weighted Moving Average Model with Weights of W1