Question: Corporate has provided the following weights for the demand data below: most recent data = .55, next most recent = .20, third most recent =

  1. Corporate has provided the following weights for the demand data below: most recent data = .55, next most recent = .20, third most recent = .15, and forth most recent = .10. Use the data below to calculate the forecast for 2021 using a four year weighted moving average:

YEAR

SALES

WEIGHT

2016

3000

2017

2500

2018

6000

2019

4000

2020

7500

2021

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