A Company Wants to Forecast Demand Using the Weighted Moving

question 9

Multiple Choice

A company wants to forecast demand using the weighted moving average.If the company uses three prior yearly sales values , and we want to weight year 2011 2014 at 30 percent, year 2012 2015 at 30 percent, and year 2013 2016 at 40 percent, which of the following is the weighted moving average forecast for year 20142017?

• A)170
• B)168
• C)158
• D)152
• E)146

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Definitions:

Bottom-Up Processing

A cognitive approach in which perception starts with an incoming stimulus and builds upwards without preconceived knowledge of what is being observed.

Binocular Depth Cues

Visual information taken in by two eyes that enable us to perceive depth and distance.

Monocular Depth Cues

These are visual information that can indicate distance and depth using just one eye, including texture gradient, interposition, and linear perspective.

Taste Preferences

The individual tendency to prefer certain flavors or types of food over others, often influenced by genetic, cultural, and experiential factors.