Question: Corporate has provided the following weights for the demand data below: most recent data = .35, next most recent = .33, third most recent =

  1. Corporate has provided the following weights for the demand data below: most recent data = .35, next most recent = .33, third most recent = .17, and fourth most recent =.15. Use the data below to calculate the forecast for 2020 using a four-year weighted moving average:

YEAR

SALES

Forecast

2015

3000

2016

2500

2017

6000

2018

4000

2019

7500

2020

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