Exhibit 17-4 The Espresso Cart has had the following pattern of espresso sales over the last two weeks: Monday Tuesday Wednesday Thursday Friday Week1 873 904 911 887 899 Monday Tuesday Wednesday Thursday Friday Week 2 912 859 906 900 ? Refer to Exhibit 17-4. What is the forecast for Friday's sales using a three-day weighted moving average with weights of .5 (for newest), -3, and .2 (for oldest)? a. 881.3 Ob. 894.7 O c. 889.4 d. 893.6
Exhibit 17-4 The Espresso Cart has had the following pattern of espresso sales over the last two weeks: Monday Tuesday Wednesday Thursday Friday Week1 873 904 911 887 899 Monday Tuesday Wednesday Thursday Friday Week 2 912 859 906 900 ? Refer to Exhibit 17-4. What is the forecast for Friday's sales using a three-day weighted moving average with weights of .5 (for newest), -3, and .2 (for oldest)? a. 881.3 Ob. 894.7 O c. 889.4 d. 893.6
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:**Exhibit 17-4**
The Espresso Cart has had the following pattern of espresso sales over the last two weeks:
| | Week 1 | | | Week 2 | |
|--------|--------|--------|--------|--------|--------|
| Monday | 873 | | Monday | 912 |
| Tuesday| 904 | | Tuesday| 859 |
| Wednesday | 911 | | Wednesday | 906 |
| Thursday | 887 | | Thursday | 900 |
| Friday | 899 | | Friday | ? |
Refer to Exhibit 17-4. What is the forecast for Friday's sales using a three-day weighted moving average with weights of 0.5 (for newest), 0.3, and 0.2 (for oldest)?
- a. 881.3
- b. 894.7
- c. 889.4
- d. 893.6
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