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Questions and Answers
What is the weight assigned to the most recent month's sales?
What is the weight assigned to the most recent month's sales?
- 0.3
- 1.0
- 0.8
- 0.5 (correct)
What is the weight assigned to the second oldest month's sales?
What is the weight assigned to the second oldest month's sales?
- 0.1
- 0.5
- 0.3 (correct)
- 0.2
How many months are used to make the first forecast?
How many months are used to make the first forecast?
- 2 (correct)
- 4
- 1
- 3
What is the actual sales for August in thousands?
What is the actual sales for August in thousands?
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What is the pattern of the weights assigned to the months?
What is the pattern of the weights assigned to the months?
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