Business, 07.07.2020 01:01 bbyjean9214

A company wants to forecast demand using the simple moving average. If the company uses five prior yearly sales values (i. e., year 2009 = 230, year 2010 = 250, and year 2011 =215, year 2012=240, year 2013=260), with the following weights (i. e., wt-1 =0.4, wt-2 =0.2, wt-3 =0.2, wt-4 =0.1, wt-5 =0.1), which of the following is the weighted moving average forecast for year 2014? A. 155
B. 261
C. 243
D. 283
E. 213

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A company wants to forecast demand using the simple moving average. If the company uses five prior y...