Using Data Set E1,what Would Be the Forecast for Period

question 36

Multiple Choice

Using Data Set E1,what would be the forecast for period 6 using a five period weighted moving average? The weights for each period are 0.05,0.10,0.20,0.30,and 0.35 from the oldest period to the most recent period,respectively.(Choose the closest answer. )

• A)16490
• B)17825
• C)14575
• D)16275

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Definitions:

Month

A unit of time, approximately 30 days, used as a standard measurement for billing cycles, budgeting, and financial forecasting.

Variable Cost

Costs that vary directly with the level of production or output, such as materials and labor costs.

Net Income

The total profit of a company after subtracting all expenses from revenues.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.