Question: Continuing the same question as before: Below are the last 6 months of demand data for ACME Corporation Month October November Demand December 1,000 January

Continuing the same question as before: Below are

Continuing the same question as before: Below are the last 6 months of demand data for ACME Corporation Month October November Demand December 1,000 January 987 February 1034 March 1052 1012 1075 The boss's nephew was asked to try a weighted moving average forecast. He was free to use whatever period and weights he thought to be the best. He produced a weighted moving average forecast as below: F(April) = 0.6(1075) + (0.4)(1012) + (O.1X1052) The boss's nephew clearly doesn't know what he is doing. What was his mistake? TTT Arial 3 (12pt) - T-EE. cs Path:p

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