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What Is the 3-Day Exponential Moving Average as of Day

question 65

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What is the 3-day exponential moving average as of Day 5 assuming that a weight of 60 percent is placed on the most recent price?
 Day  Closing Frice 1$21.40222.60321.05420.80521.00621.25721.30\begin{array} { c r } \text { Day } & \text { Closing Frice } \\1 & \$ 21.40 \\2 & 22.60 \\3 & 21.05 \\4 & 20.80 \\5 & 21.00 \\6 & 21.25 \\7 & 21.30\end{array}


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Open System

An organization or entity that interacts with its environment by exchanging information, resources, and influences with its context.

Closed System

An organizational model that operates independently of external influences, focusing inwardly for resources and information.

Linear Programming

A mathematical technique for optimizing a linear objective function, subject to linear equality and inequality constraints.

Inventories

The complete list or stock of goods, materials, parts, and products that a company holds in order to facilitate production or meet customer demand.

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