b) What is this year's forecast using a three-year weighted moving average with weights of 0.5, 0.3, and 0.2?
b) What is this year's forecast using a three-year weighted moving average with weights of 0.5, 0.3, and 0.2?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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![Question 1. The dean of a school of business is forecasting total student enrollment for this year
(2019)'s summer session classes based on the following historical data:
YEAR
TOTAL ENROLLMENT
y
2,000
2,200
2,800
3,000
2015
2016
2017
2018](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf75cf67-1f75-41a7-ab0d-e3efed6b94cf%2F4b674993-c50e-4fcb-9323-e2a8611542d9%2F78mo8or_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 1. The dean of a school of business is forecasting total student enrollment for this year
(2019)'s summer session classes based on the following historical data:
YEAR
TOTAL ENROLLMENT
y
2,000
2,200
2,800
3,000
2015
2016
2017
2018
![b) What is this year's forecast using a three-year weighted moving average with weights of 0.5,
0.3, and 0.2?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf75cf67-1f75-41a7-ab0d-e3efed6b94cf%2F4b674993-c50e-4fcb-9323-e2a8611542d9%2Flttxzul_processed.jpeg&w=3840&q=75)
Transcribed Image Text:b) What is this year's forecast using a three-year weighted moving average with weights of 0.5,
0.3, and 0.2?
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