Question 1
Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14,
12, 13, 15 (listed from oldest to most recent). What are the forecast sales for the next day using a
three-day weighted moving average where the weights are 3, 1, and 1 (the highest weight is for
the most recent number)?
Question 1 options:
13.0
70.0
14.0
12.8
None of the above
Question 2
A seasonal index of __________ indicates that the season is average.
Question 2 options:
100
1
0.5
0
10