Consider the following. Month Demand January 31 February 48 March 58 April 59 May 74 June...
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Consider the following. Month Demand January 31 February 48 March 58 April 59 May 74 June 88 July What is the forecast for July based on a three-month weighted moving average applied to the above past demand data and using the weights: 5 3 10' 10 2 and (largest weight is for most recent data)? Show all the forecasts for April through June along with the answer. 10 Month Demand January 31 February 48 March 58 April 59 May 74 Forecast 66.3 45.67 x June 88 78 July 78 Consider the following. Month Demand January 31 February 48 March 58 April 59 May 74 June 88 July What is the forecast for July based on a three-month weighted moving average applied to the above past demand data and using the weights: 5 3 10' 10 2 and (largest weight is for most recent data)? Show all the forecasts for April through June along with the answer. 10 Month Demand January 31 February 48 March 58 April 59 May 74 Forecast 66.3 45.67 x June 88 78 July 78
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