Question: Given the following demand data, Period Demand 1 5 1 2 4 9 3 5 1 4 5 0 5 5 4 Compute a weighted

Given the following demand data,
Period Demand
151
249
351
450
554
Compute a weighted average forecast using a weight of 0.5 for the most recent period, 0.3 for the next most recent, 0.1 for the next, and 0.1 for the next.
Note: Round all your answers to two decimal points.
If the actual demand for period 6 is 52, forecast demand for period 7 using the same weights as in part a.

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