A Company Wants to Product a Weighted Moving Average Forecast

question 48

Multiple Choice

A company wants to product a weighted moving average forecast for April with the weights 0.40,0.35,and 0.25 assigned to March,February,and January,respectively.If the company had demands of 5,000 in January,4,750 in February,and 5,200 in March,then April's forecast is

• A)4983.33.
• B)4992.50.
• C)4962.50.
• D)5000.00.

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Definitions:

Validity

The extent to which a test, tool, or research study measures what it purports to measure.

Mental Disorders

A broad category of conditions affecting mood, thinking, and behavior that impair normal functioning.

Reactivity

The tendency of individuals to modify their behavior when they are aware they are being observed.

Syndrome

A cluster of symptoms that usually occur together.