Question: Given the demand below, we compute a 3-period weighted moving average forecast for period 5 using a weight of 1/3 for the most recent period,

Given the demand below, we compute a 3-period weighted moving average forecast for period 5 using a weight of 1/3 for the most recent period, 1/3 for the next, and 1/3 for the next. Now, what is the forecast's error for period 5?

Period Demand

1 42

2 40

3 43

4 40

5 41

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