Table 6 -1. Actual Sales Data

-Refer to Table 6 -1. Using a weighted moving average with weights of 0.1, 0.3, and 0.6, the forecast sales for periods 4 and 5 are approximately
A) 363 and 399.
B) 383 and 418.
C) 403 and 435.
D) 418 and 448.
E) 435 and 460.

Question

Table 6 -1. Actual Sales Data
 
-Refer to Table 6 -1. Using a weighted moving average with weights of 0.1, 0.3, and 0.6, the forecast sales for periods 4 and 5 are approximately
A) 363 and 399. 
B) 383 and 418. 
C) 403 and 435. 
D) 418 and 448. 
E) 435 and 460.

Quizplus · Accepted Answer

The weighted moving average forecast for period 4 is calculated using the sales of periods 1, 2, and 3 with weights 0.1, 0.3, and 0.6 respectively. Similarly, the forecast for period 5 uses the sales of periods 2, 3, and 4 with the same weights.