Table 11.4. -Use the Information in Table 11.4. the Forecasting Equation for the Forecasting

question 65

Multiple Choice

Table 11.4.


-Use the information in Table 11.4. The forecasting equation for a three- month weighted moving average is: A_t = W₁D_t + W₂D_t - 1 + W₃D_t - 2
If the sales for June were 40 units and the weights are W₁= 1/2, W₂ = 1/3, and W₃ = 1/6, what is the forecast for July?

• A) less than or equal to 30 units
• B) greater than 30 but less than or equal to 33 units
• C) greater than 33 but less than or equal to 36 units
• D) greater than 36 units