What is the forecast for pairs of snowboots

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Case A: Snow Boots 'R" UsDo not round intermediate calculations. Round your answers to 2 decimal places. 

1. Using a weighted moving average, what is the forecast for pairs of snowboots for January if the weights applied to September, October, November and December are 0.1, 0.15, 0.25 and 0.5 respectively.   

Actual Snowboot Sales

  • September    10,000 pairs of snowboots
  • October       15,000 pairs of snowboots
  • November     18,000 pairs of snowboots
  • December     20,000 pairs of snowboots

2. Identify 3 reasons why using a weighted moving average for forecasting sales of pairs of snowboots is beneficial if you are a snowboot manufacturer.

Reference no: EM132802168

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