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QWE Inn has recorded the following number of rooms sold for the first quarter of the year:   January 2100 February 2500 March 2550 What is the weighted 3-month average forecast for the month of April equal to with the following weight?   Previous period weight = 0.6 Before previous period weight = 0.3 Before before previous period = 0.1

QWE Inn has recorded the following number of rooms sold for the first quarter of the year:   January 2100 February 2500 March 2550 What is the weighted 3-month average forecast for the month of April equal to with the following weight?   Previous period weight = 0.6 Before previous period weight = 0.3 Before before previous period = 0.1

Practical Management Science
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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QWE Inn has recorded the following number of rooms sold for the first quarter of the year:

 

January

2100

February

2500

March

2550

What is the weighted 3-month average forecast for the month of April equal to with the following weight?

 

Previous period weight = 0.6

Before previous period weight = 0.3

Before before previous period = 0.1

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