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Q. A company wants to forecast demand using the weighted moving average with the weights of 0.4, 0.3 and 0.3 (most recent period, next recent period, etc). If the company has 5 prior yearly sales values (i.e., year 2008 = 160, year 2009 = 150, year 2010 = 160, year 2011 = 140 and year 2012 = 170), which of the following is the weighted moving average forecast for year 2013?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9309250

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