The City Golf Course Is Interested in Starting a Junior

question 40

Multiple Choice

The city golf course is interested in starting a junior golf program.The golf pro has collected data on the number of youths under 13 that have played golf during the last 4 months.Using a three-month moving average (with weights of 5, 3, and 1 for the most current value, next most current value and oldest value, respectively) , the forecast value for October made at the end of September in the following time series would be __________. $$\begin{array} { | c | r | } \hline \text { Joly } & 28 \\\hline \text { Ang } & 27 \\\hline \text { Sept } & 17 \\\hline \text { Oct } & 19 \\\hline\end{array}$$

• A)24
• B)21
• C)21.56
• D)19.22
• E)22

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Definitions:

Default Rate

The percentage of borrowers who fail to repay their loans or meet contractual obligations.

Monthly Interest Rate

The percentage of an amount of money which is charged or paid as interest for one month.

Restocking Costs

The expenses associated with replenishing inventory or goods in a business after sales or usage.

Order Cost

The total expenses associated with placing an order for goods or services, including procurement, delivery, and handling fees.