Table 8.7 a Sales Manager Wants to Forecast Monthly Sales of the of the Machines

question 84

Multiple Choice

Table 8.7
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.

-Use the information in Table 8.7. Use the 3-month weighted moving-average method to calculate the forecast for month 9. The weights are 0.60, 0.30, and 0.10, where 0.60 refers to the most recent demand.

• A) $3,916
• B) $3,880
• C) $3,396
• D) $3,229

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Definitions:

Attribution Theory

The theory that we explain someone’s behavior by crediting either the situation or the person’s disposition.

Social Behavior

Refers to how individuals interact with each other within a society, encompassing both cooperative and competitive actions.

Self-Awareness

The conscious knowledge of one’s own character, feelings, motives, and desires.

Heredity

The passing of traits from parents to offspring through genes.