Forecast for week 6 = 9200
A weighted moving average emphasizes recent data while downplaying historical data. This is accomplished by increasing the price of each bar by a weighting factor. Weighted Moving Average will track prices more precisely than a related Simple Moving Average due to its special calculation.
In a weighted moving average approach, recent values of demand are given greater weight since they are more pertinent. As a result, we have
Forecast for week 6 = (Week 5 * 0.4) + (Week 4 * 0.3) + (Week 3 * 0.3)
= (11000 * 0.4) + (9000 * 0.3) + (7000 * 0.3) = 9200
Therefore, Forecast for week 6 = 9200
To know more about Weighted Moving Average Demand, refer to this link :
brainly.com/question/17039065?referrer=searchResults
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<span>The origin of the word integer dates back to the early 16th century. Back then, the word was used as an adjective meaning 'entire' or 'whole'. However, the word is composed of two Latin words 'in-' (expressing negation) and the root of 'tangere' (to touch) which were used separately ages before it came together we know it today.</span>
Answer and Explanation:
The journal entry is shown below:
Cost of goods sold Dr $2,650 ($15,010 - $12,360)
To Inventory $2,650
(Being the cost of goods sold)
By recording this we debited the cost of good sold as it increased the expenses and credited the inventory as it decreased the assets so that the correct recording and posting could be done
Savings are for saving not spending
Answer:
1. New-product strategy development.
2. Idea generation.
3. Screening and evaluation.
4. Business analysis.
5. Development.
6. Market testing.
7. Commercialization.
Explanation:
New product strategy is the first one as described and the remaining are briefed below:
Idea Generation: This steps creates the idea for how the product shall be created.
Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.
Business Analysis aims at analyzing the business prospect of the new product.
Development is done once all of the above steps are in affirmation.
Market testing is done after the development about the market captured by the product or to be captured.
Commercialization basically aims at the proper introduction of the product in the market.
