Table 11.5.

-Use the information in Table 11.5. Using the weighted moving average technique and the following weights, what is the forecasted demand for November? $$\begin{array} { | l | l | }
\hline \text { Time Period } & \text { Weight } \
\hline \text { Iost recent month } & 50 \% \
1 \text { month ago } & 20 \% \
2 \text { months ago } & 20 \% \
3 \text { months ago } & 10 \% \
\hline
\end{array}$$
A) less than or equal to 250 units
B) greater than 250 but less than or equal to 265 units
C) greater than 265 but less than or equal to 280 units
D) more than 280 units

Question

Table 11.5.

-Use the information in Table 11.5. Using the weighted moving average technique and the following weights, what is the forecasted demand for November? $$\begin{array} { | l | l | } 
\hline \text { Time Period } & \text { Weight } \
\hline \text { Iost recent month } & 50 \% \
1 \text { month ago } & 20 \% \
2 \text { months ago } & 20 \% \
3 \text { months ago } & 10 \% \
\hline
\end{array}$$
A) less than or equal to 250 units 
B) greater than 250 but less than or equal to 265 units 
C) greater than 265 but less than or equal to 280 units 
D) more than 280 units

Quizplus · Accepted Answer

The weighted moving average forecast is calculated by multiplying each month's demand by its respective weight and summing the results. The weights are 50%, 20%, 20%, and 10% for the most recent month, 1 month ago, 2 months ago, and 3 months ago, respectively. The forecasted demand falls in the range of greater than 265 but less than or equal to 280 units.

Table 115 -Use the Information in Table 11

Table 115

-Use the Information in Table 11