Question: Forecast demands for using weighted moving average. Please apply weights of .3 for most recent period, then 0.4, then .3 Period 1 2 3
Forecast demands for using weighted moving average. Please apply weights of .3 for most recent period, then 0.4, then .3 Period 1 2 3 4 5 6 Deman d 6 12 14 18 22 25 28 Forecast (14*0,3)+(12*0.4)+(6*0.3) 10.8 (18*0.3)+(14*0.4)+(12*0.3) 14.6 (22 0.3)+(18*0.4)+(14*0.3) 18 (25 0.3)+(22*0.4)+(18*0.3) 21.7
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