A Firm's Demand Data from the Last Two Quarters Is

question 36

Multiple Choice

A firm's demand data from the last two quarters is displayed in the table. Use a three period weighted moving average with W_t = 0.7, W_t-1 = 0.2, and W_t-2 = 0.1 to forecast demand for July. $$\begin{array} { | c | c | } \hline \text { Month } & \text { Demand } \\\hline \text { January } & 154 \\\hline \text { February } & 148 \\\hline \text { March } & 214 \\\hline \text { April } & 180 \\\hline \text { May } & 225 \\\hline \text { June } & 246 \\\hline\end{array}$$

• A)235.2
• B)195.6
• C)158.8
• D)180.4

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Definitions:

Domestic Servants

Workers employed within a household to perform a variety of tasks and services like cooking, cleaning, and childcare, often without much legal protection or rights historically.

Aura of Authority

The perceived power or right of an individual or organization to lead and make decisions.

Public Notices

Official announcements or statements issued by the government or other authorities to inform the public about legal or official matters.

Separated

The state of being divided or kept apart from others, can apply to objects, people, or groups within a society.