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Exhibit 11.2 The Following Questions Use the Data Below

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Exhibit 11.2
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using weighted moving averages. Exhibit 11.2 The following questions use the data below. Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using weighted moving averages.   -Refer to Exhibit 11.2. What is the 2-month weighted moving average forecast for month 3 using the weight in the spreadsheet? Associate weight w<sub>1</sub> with sales in time period 2 and w<sub>2</sub> with sales in time period 1. A)  72.44 B)  75.00 C)  76.59 D)  77.56
-Refer to Exhibit 11.2. What is the 2-month weighted moving average forecast for month 3 using the weight in the spreadsheet? Associate weight w1 with sales in time period 2 and w2 with sales in time period 1.


Definitions:

Thylakoid Membrane

A membrane-bound compartment inside chloroplasts and cyanobacteria, which is the site of the light-dependent reactions of photosynthesis.

Carbon Fixation

The process by which inorganic carbon (principally in the form of carbon dioxide) is converted to organic compounds by living organisms.

Calvin Cycle

A series of biochemical reactions that take place in the stroma of chloroplasts in plants, converting carbon dioxide and water into glucose using ATP and NADPH produced in the light reactions of photosynthesis.

NADPH

A coenzyme known as nicotinamide adenine dinucleotide phosphate plays a crucial role in anabolic reactions by serving as a reducing agent during biosynthetic processes.

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