Multiple Choice
A firm's demand data from the last two quarters is displayed in the table.
-Use a three-period weighted moving average with wt = 0.7, wt-1 = 0.2, and wt-2 = 0.1 to forecast demand for January.
A) 183.60
B) 194.80
C) 214.90
D) 235.20
E) 246.00
Correct Answer:
Verified
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