We appreciate your visit to A company wants to forecast demand using the simple moving average If the company uses three prior yearly sales values year 2011 130 year 2012. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The correct answer is C. 133.3, which is the simple moving average forecast for year 2014 using the sales data from 2011, 2012, and 2013.
Explanation:
The simple moving average forecast for year 2014 using the three prior yearly sales values (2011, 2012, and 2013) is calculated by adding up these sales values and dividing by the number of values used, which in this case is three. The sales values from the years are 130, 110, and 160, respectively. To find the simple moving average:
Add the sales values: 130 + 110 + 160 = 400.Divide the sum by the number of values: 400 / 3 = 133.3.This means the correct answer is C. 133.3, which is the forecasted demand for year 2014 using a simple moving average based on the given prior yearly sales values.
Thanks for taking the time to read A company wants to forecast demand using the simple moving average If the company uses three prior yearly sales values year 2011 130 year 2012. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
