uppose a four period weighted average is being used to forecast demand. Weights for the periods are: t-4 = 0.05 t-3 = 0.15 t-2 = 0.35 t-1 = 0.45 Demand observed in the previous four periods was: t-4 = 9,957 t-3 = 9,760 t-2 = 10,492 t-1 = 9,450 What will be the demand forecast for period t? (Keep one decimal place in your answer).
uppose a four period weighted average is being used to forecast demand. Weights for the periods are: t-4 = 0.05 t-3 = 0.15 t-2 = 0.35 t-1 = 0.45 Demand observed in the previous four periods was: t-4 = 9,957 t-3 = 9,760 t-2 = 10,492 t-1 = 9,450 What will be the demand forecast for period t? (Keep one decimal place in your answer).
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Suppose a four period weighted average is being used to forecast demand. Weights for the periods are:
Wt-4 = 0.05
Wt-3 = 0.15
Wt-2 = 0.35
Wt-1 = 0.45
Demand observed in the previous four periods was:
At-4 = 9,957
At-3 = 9,760
At-2 = 10,492
At-1 = 9,450
What will be the demand forecast for period t? (Keep one decimal place in your answer).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9045e4c-214a-4ed5-8350-6a40e5f22583%2F9bd5872e-9406-4a77-8602-151289a922ca%2Fgi4u4h_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose a four period weighted average is being used to forecast demand. Weights for the periods are:
Wt-4 = 0.05
Wt-3 = 0.15
Wt-2 = 0.35
Wt-1 = 0.45
Demand observed in the previous four periods was:
At-4 = 9,957
At-3 = 9,760
At-2 = 10,492
At-1 = 9,450
What will be the demand forecast for period t? (Keep one decimal place in your answer).
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