Question: A student wanted to forecast demand data using weighted moving average while ensuring that more emphasis is placed on more recent data. In order to
A student wanted to forecast demand data using weighted moving average while ensuring that more emphasis is placed on more recent data. In order to use the weights 7, 5, and 1 to forecast demand for period8, the weight7should be assigned to period _______.
- 8
- 10
- 7
- 6
- 5
- 9
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