Forecast demand using the weighted moving average

Assignment Help Project Management

Reference no: EM1391665

A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2011 = 160, year 2012 = 140 and year 2013 = 170), and we want to weight year 2011 at 30%, year 2012 at 30% and year 2013 at 40%, which of the following is the weighted moving average forecast for year 2014?

a) 170
b) 168
c) 158
d) 152
e) 146

Reference no: EM1391665

Questions Cloud

Concepts of typographical error : At most three typographical errors are found on a page, and (c) more than three typographical errors are found on a page.

Resulting mad value that can be computed from this data : The respective forecasts for the same three years are 120, 120, and 130. Which of the following is the resulting MAD value that can be computed from this data?

What is the exponential smooting forecast value : what is the exponential smooting forecast value for the following period?

Write on local community meeting : Write down 300-500 word news article on any national news event which is current. You may also choose to write on local community meeting in your town which you attend.

Forecast demand using the weighted moving average : A company wants to forecast demand using the weighted moving average. If the company uses three prior yearly sales values (i.e., year 2011 = 160, year 2012 = 140 and year 2013 = 170)

Consumers to make optimal intertemporal decisions : what are the trade offs involved between current and future consumption/production? In the absence of government intervention, would we expect the consumers/producers to make optimal intertemporal decisions?

Discussion on negative feedback loop : Explain what is meant through a negative feedback loop and how these work in terms of regulating a metabolic pathway. provide an example of a negative feedback loop in the glycolytic pathway.

Characterize the performance of the typical officer : If each group had 15 officers, how would you characterize the performance of the typical officer in each squad?

Current state of government regulation of product safety : Examine the current state of government regulation of product safety to find out whether the referenced agencies are usually proactive or reactive.

User Account

All Pages