Question: dont understand what to do, pls help! Given the following demand data. Period 1 2 3 Demand 56 52 59 52 61 a. Compute a
dont understand what to do, pls help!
Given the following demand data. Period 1 2 3 Demand 56 52 59 52 61 a. Compute a weighted average forecast using a weight of 04 for the most recent period, 03 for the next most recent, o 2 for the next, and 01 for the next (Round all your answers to two decimal points) Forecast Period 5 Forecast Period 6 b. If the actual demand for period 6 is 56, forecast demand for period 7 using the same weights as in parta Forecast Period
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