Question: Determine a 3 period weighted moving average forecast based on the following. Actual demand starting with the most recent period is 8 6 , 8

Determine a 3 period weighted moving average forecast based on the following. Actual demand starting with the most recent period is 86,82,79. Weights are P1=0.5, P2=0.3, P3=0.2. What is the forecast? Please enter your answer to include two decimal places

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