A firm has the following order history over the last 6 months.

What would be a 3-month weighted moving average forecast for July, using weights of 40% for the most recent month, 30% for the month preceding the most recent month, and 30% for the month preceding that one?
A) 75
B) 72.5
C) 50
D) 90
E) 106.5

Question

A firm has the following order history over the last 6 months.

What would be a 3-month weighted moving average forecast for July, using weights of 40% for the most recent month, 30% for the month preceding the most recent month, and 30% for the month preceding that one?
A) 75 
B) 72.5 
C) 50 
D) 90 
E) 106.5

Quizplus · Accepted Answer

11ea8e10_ac22_4798_8f12_39482a5a4fa2_TB5472_00 11ea8e10_ac22_4799_8f12_eb095bbc49a8_TB5472_00

A Firm Has the Following Order History Over the Last