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A Company Wants to Forecast Demand Using the Weighted Moving

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A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values , and we want to weight year 2018 at 10 percent and year 2019 at 90 percent, which of the following is the weighted moving average forecast for year 2020?


Definitions:

Excellent Service Technology

The deployment of sophisticated technology aimed at improving the quality and delivery of service operations, enhancing customer satisfaction.

High Production

High production refers to achieving a significantly elevated level of output or manufacturing of goods and services, usually associated with efficient processes and high productivity levels.

Intensive Technology

Refers to the application of sophisticated and often complex technologies that require a high level of expertise and innovation to produce goods or services.

Service Technology

Technologies specifically designed to facilitate the delivery, enhancement, or improvement of service processes and experiences.

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