A firm has had the following order history over the last 4 months:
What is the weighted moving average forecast for March, assuming a weight of 60% for the most recent month, 30% for the month preceding the most recent month, and 10% for the month preceding that one?
A) 117.5
B) 228.1
C) 118.0
D) 128.0
E) 132.4
Correct Answer:
Verified
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