Using the actual demand shown in the table below,what is the forecast for May (accurate to 1 decimal)using a 4-month weighted moving average and the weights 0.1,0.2,0.3,0.4 (with the heaviest weight applied to the most recent period)? $\begin{array}{llllll}
\text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { Apr. } \
\hline 39 & 36 & 40 & 38 & 48 & 46
\end{array}$
A)44.4
B)43.0
C)42.5
D)41.6

Question

Quizplus · Accepted Answer

The forecast for May using a 4-month weighted moving average with the given weights is calculated as follows: $ (0.1 \times 38) + (0.2 \times 48) + (0.3 \times 46) + (0.4 \times 46) = 3.8 + 9.6 + 13.8 + 18.4 = 45.6 $.

Using the Actual Demand Shown in the Table Below,what Is