Table 108
a Manager Wants to Forecast the Monthly Demand
for

Table 10.8
A manager wants to forecast the monthly demand
for a machine the company produces.
$$\begin{array} { | c | c | } \hline \text { Month } & \begin{array} { c } \text { No. Machines } \\\text { Sold }\end{array} \\\hline 1 & 50 \\2 & 65 \\3 & 52 \\4 & 56 \\5 & 55 \\6 & 60 \\\hline\end{array}$$
-Use the information in Table 10.8.Use the weighted moving average method to calculate the forecast for month 7.The weights are 0.50,0.30,and 0.20,where 0.50 refers to the most recent demand.

A) less than or equal to 56
B) greater than 56 but less than or equal to 58
C) greater than 58 but less than or equal to 61
D) greater than 61