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Business, 12.03.2020 02:07 ultimatesaiyan
Company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i. e., year 2012 = 11,000 and year 2013 = 13,000), and we want to weight year 2012 at 35% and year 2013 at 65%, what is the weighted moving average forecast for Year 2014?
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