Question: A weighted moving average method is used to forecast demand for a product. The assigned weights are 5 to the previous month's demand, 3 to
A weighted moving average method is used to forecast demand for a product. The assigned weights are 5 to the previous month's demand, 3 to demand two months ago, and 1 to demand three months ago. The previous sales are 87 in December, 88 in January, and 80 in February. Write down the forecast for March. Give your answer to two decimal places.
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