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 85 in December, 87 in January, and 82 in February. Write down the forecast for March. Give your answer to two decimal places.
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