Question: A forecasting method used to predict can opener sales applies the following set of weights to the last five periods of data: . 1 ,

A forecasting method used to predict can opener sales applies the following set of weights to the last five periods of data: .1,.1,.2,.2,.4(with .4 being applied to the most recent observation). Below are the observed values of can opener sales. Period: 12345678 Observation: 1822263314283052
Nahmias, Steven; Olsen, Tava Lennon. Production and Operations Analytics (p.73). Kindle Edition.

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