Question: A company uses the weighted moving average forecasting method with weights of 0.4, 0.3, and 0.1 for past three periods (highest weight for most recent
A company uses the weighted moving average forecasting method with weights of 0.4, 0.3, and 0.1 for past three periods (highest weight for most recent past). The demand figures for last three periods are 280 (for most recent past period), 240, and 320. What is the forecast for current period (round to nearest integer)?
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