Data Set E1 -Using the Actual Demand Shown in the Table Below,what Is

question 34

Multiple Choice

Data Set E1
$$\begin{array} { c c } \text { Periqd } &\text { Sales Volume } \\1 & 10000\\2 & 12400\\3 & 14250 \\4 & 15750 \\5 & 20500 \\6 & 18500\\7 &15750 \\8 & 20500 \\9 & 21500\\10&22550\end{array}$$

-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) ?
$$\begin{array} { c c c c c c } \text { Nuv. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { Apr. } \\\hline 39 & 36 & 40 & 38 & 48 & 46\end{array}$$

• A) 44.4
• B) 43.0
• C) 42.5
• D) 41.6

---

Definitions:

Adverse Supply Shock

An unexpected event that suddenly decreases the supply of a good or service, potentially leading to higher prices and lower output.

Short-Run Phillips

A concept describing the inverse relationship between unemployment and inflation within a short-term period.

Left

Politically, refers to ideologies and movements that typically advocate for social equality, government intervention in the economy to redistribute wealth, and the protection of social welfare programs.

Inflation Expectations

Inflation Expectations are the rate at which people expect prices to rise in the future, influencing their economic decisions.