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(Solved): Sweet Tooth Sugar Cane Farms is interested in applying the weighted moving average technique when f ...




Sweet Tooth Sugar Cane Farms is interested in applying the weighted moving average technique when forecasting cane yield for
Sweet Tooth Sugar Cane Farms is interested in applying the weighted moving average technique when forecasting cane yield for a new set of plots. Specifically, the weights have been established as .5, .3 and .2. Using data from the table below, compute the 3-Period Weighted Moving Average, \( W M A_{3} \), for Periods 4-11.


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3-Period Weighted Moving Average Formula: Forecast=((W1×At1)+(W2×At2)+(W3×At3)) Given that: W1 = 0.5 W2 = 0.3 W3 = 0.2 Here: At1, At2, and
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