Question: Given the actual data for last five months, what is the forecast demand for month 6, using a four-period weighted moving average with weights of
Given the actual data for last five months, what is the forecast demand for month 6, using a four-period weighted moving average with weights of .1, .2, .3 and .4 (greater weight towards more recent time)?
| month | Demand ($1,000) |
| 1 | 19 |
| 2 | 20 |
| 3 | 18 |
| 4 | 19 |
| 5 | 17 |
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