A Company Wants to Produce a Weighted Moving Average Forecast

question 31

Multiple Choice

A company wants to produce 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:

Data Table

A structured arrangement of data organized in rows and columns, facilitating easy storage, access, and analysis of information.

Column Chart

A graphical representation of data, where each category is represented by a column, the height of which corresponds to its value or frequency.

Sizing Handle

A graphic tool in user interfaces that allows users to manually adjust the size of an element.

Macro Dialog Box

A user interface element that prompts users to input or confirm information when executing a macro, which is a set of automated commands in software applications.