Solved

Table 104 -Use the Information in Table 10 At=W1Dt+W2Dt1+W3Dt2At=W1Dt+W2Dt1+W3Dt2A_{t}=W_{1} D_{t}+W_{2} D_{t}-1+W_{3} D_{t}-2 ^{A_{t}}=W_{1} D_{t}+W_{2} D_{{t}_{-1}}+W_{3} D_{{t}_{-2}}

Question 92

Multiple Choice

Table 10.4
 Month  Actual  Sales  Tanuary 23 February 18 March 22 April 28 May 24\begin{array} { | l | c | } \hline { \text { Month } } & \begin{array} { c } \text { Actual } \\\text { Sales }\end{array} \\\hline \text { Tanuary } & 23 \\\text { February } & 18 \\\text { March } & 22 \\\text { April } & 28 \\\text { May } & 24 \\\hline\end{array}
-Use the information in Table 10.4.The forecasting equation for a three-month weighted moving average is:
At=W1Dt+W2Dt1+W3Dt2At=W1Dt+W2Dt1+W3Dt2A_{t}=W_{1} D_{t}+W_{2} D_{t}-1+W_{3} D_{t}-2 ^{A_{t}}=W_{1} D_{t}+W_{2} D_{{t}_{-1}}+W_{3} D_{{t}_{-2}}

If the sales for June were 40 units and the weights are W?= 1/2,W? = 1/3,and W? = 1/6,what is the forecast for July?


A) less than or equal to 30 units
B) greater than 30 but less than or equal to 33 units
C) greater than 33 but less than or equal to 36 units
D) greater than 36 units

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents