Business, 06.05.2020 07:22 jaygamer37
Suppose a three-period weighted average is being used to forecast demand. Weights for the periods are as follows:
wt-3 = 0.2, wt-2 = 0.3 and wt-1 = 0.5.
Demand observed in the previous three periods was as follows:
At-3 = 2,200, At-2 = 1,950, At-1 = 2,050.
What will be the demand forecast for period t?
A) 2,000 B) 2,095 C) 1,980 D) 2,050 E) 1,875
Answers: 3
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