Question: Calculate the forecasts utilizing the following three approaches: Moving average with 3 periods Weighted moving average with 3 periods (weights 0.60 for most recent, 0.30

Calculate the forecasts utilizing the following three approaches: Moving average with 3 periods Weighted moving average with 3 periods (weights 0.60 for most recent, 0.30 for next and 0.10 for the farthest) Exponential smoothing (alpha = 0.2), use forecasts from both the moving average and weighted moving average from above

Period	1	2	3	4	5	6	7
Demand	200	235	250	240	225	220	250

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