Question: Given the following demand data, Period 1 2 3 4 Demand 59 55 62 55 63 13120 a. Compute a weighted average forecast using a

Given the following demand data, Period 1 2 3 4 Demand 59 55 62 55 63 13120 a. Compute a weighted average forecast using a welght of 04 for the most recent period, 0.3 for the next most recent 0.2 for the next, and 01 for the next. (Round all your answers to two decimal points.) BOOK Forecast Perod 5 Forecast Period 6 rences b. If the actual demand for period 6 ls 59, forecast demand for period 7 using the same weights os in parta Forecast Period

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