A counseling service records the number of calls to their hotline for the last year. What is the forecast for October if a weighted moving average with weights of 0.5, 0.3, and 0.2 is used to model this data?

Month Demand
January 111
February 127
March 146
April 159
May 165
June 165
July 178
August 182
September 191
October 208
November 223
December 228

A) 177.4
B) 185.7
C) 197.7
D) 190.3


Answer: B

Business

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Answer the following statement true (T) or false (F)

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In which of the following situations would a court be likely to find that the witness to the situation had an affirmative duty to act?

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Demand for a certain product is forecast to be 800 units per month, averaged over all 12 months of the year. The product follows a seasonal pattern, for which the January monthly index is 1.25

What is the seasonally-adjusted sales forecast for January? A) 640 units B) 798.75 units C) 801.25 units D) 1000 units E) 83.33 units

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Indicate whether the statement is true or false

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