The following sales data are available for 2003-2008. $$\begin{array} { c c }
\text { Year } & \text { Demand } \
\hline 2003 & 7 \
2004 & 12 \
2005 & 14 \
2006 & 20 \
2007 & 16 \
2008 & 25 \
\hline
\end{array}$$
Determine a 4-year weighted moving average forecast for 2009, where weights are
W1 = .1, W2 = .2, W3 = .2 and W4 = .5.

Question

The following sales data are available for 2003-2008. $$\begin{array} { c c } 
\text { Year } & \text { Demand } \
\hline 2003 & 7 \
2004 & 12 \
2005 & 14 \
2006 & 20 \
2007 & 16 \
2008 & 25 \
\hline
\end{array}$$ 
Determine a 4-year weighted moving average forecast for 2009, where weights are
W1 = .1, W2 = .2, W3 = .2 and W4 = .5.

Quizplus · Accepted Answer

The Answer of The following sales data are available for 2003-2008. $$\begin{array} { c c } 
\text { Year } & \text { Demand } \
\hline 2003 & 7 \
2004 & 12 \
2005 & 14 \
2006 & 20 \
2007 & 16 \
2008 & 25 \
\hline
\end{array}$$ 
Determine a 4-year weighted moving average forecast for 2009, where weights are
W1 = .1, W2 = .2, W3 = .2 and W4 = .5.

The Following Sales Data Are Available for 2003-2008 Determine a 4-Year Weighted Moving Average Forecast for 2009, Where