Table 108
a Manager Wants to Forecast the Monthly Demand
for

question 122

Multiple Choice

Table 10.8
A manager wants to forecast the monthly demand
for a machine the company produces.
$$\begin{array} { | c | c | } \hline \text { Month } & \begin{array} { c } \text { No. Machines } \\\text { Sold }\end{array} \\\hline 1 & 50 \\2 & 65 \\3 & 52 \\4 & 56 \\5 & 55 \\6 & 60 \\\hline\end{array}$$
-Use the information in Table 10.8.Use the weighted moving average method to calculate the forecast for month 7.The weights are 0.50,0.30,and 0.20,where 0.50 refers to the most recent demand.

• A) less than or equal to 56
• B) greater than 56 but less than or equal to 58
• C) greater than 58 but less than or equal to 61
• D) greater than 61

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Definitions:

Medicare Patient

An individual who is receiving health benefits under the Medicare program, typically for those 65 years and older or with certain disabilities.

Accept Assignment

In healthcare, agreeing to accept the insurance company's payment as full payment for services rendered.

Health Maintenance Organizations

A type of health insurance plan that typically requires members to receive care from a network of specified healthcare providers and facilities to be covered.

Capitated Rate

A payment arrangement for healthcare service providers where they receive a set amount for each enrolled person assigned to them, regardless of the amount of services provided.