A company would like to forecast the Automobile Tire Sales based
on the weighted moving average method. The weight is 3 for the most
recent month, 2 for the one before, and 1 for the least recent
month:
-Compute a three-month weighted moving average for the month of
April
-Compute a three-month weighted moving average for the month of
May
Select one:
a.
April : 32.67, May : 62.80
b.
April : 35.00, May : 70.00
c.
April : 35.67, May : 47.33
d.
April : 33.00, May : 64.33
A company would like to forecast the Automobile Tire Sales based on the weighted moving average method. The weight is 3
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