Question: Given the following demand data, 1 42 2 39 3. 44 4. 40 5. 47 Given the following demand data, Period Demand 1 42 2
Given the following demand data,
Given the following demand data, Period Demand 1 42 2 39 3 44 40 47 a. Compute a weighted average forecast using a weight of 0.4 for the recent, 0.2 for the next, and 0.1 for the next. (Round all your answers 1 Forecast Period 5 Forecast Period 6 b. If the actual demand for period 6 is 43, forecast demand for period Forecast Period 7 345 4 5
1 42
2 39
3. 44
4. 40
5. 47
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