Question: Given the following demand data, a . Compute a weighted average forecast using a weight of 0 . 5 for the most recent period, 0
Given the following demand data,
a Compute a weighted average forecast using a weight of for the most recent period, for the next most recent, for the
next, and for the next.
Note: Round all your answers to two decimal points.
b If the actual demand for period is forecast demand for period using the same weights as in part a
Please help with this homework i am very confused!
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