Question: An operations analyst is forecasting this year's demand for one of his company's products based on the following SOLD historical data: Five years ago 15,000

An operations analyst is forecasting this year's demand for one of his company's products based on the following SOLD historical data:

Five years ago 15,000 products

Four years ago 14,000 products

Three years ago 15,000 products

Two years ago 21,000 products

Last year 25,000 products

What is this year's forecast using a four-years weighted moving average with weights of .4, .3, .2, and .1 (with the heavier weights on the more recent years) ?

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