Question: Given the following demand data, Period Demand 1 52 2 50 3 53 4 49 5 54 a. Compute a weighted average forecast using a
Given the following demand data,
| Period | Demand |
| 1 | 52 |
| 2 | 50 |
| 3 | 53 |
| 4 | 49 |
| 5 | 54 |
a. Compute a weighted average forecast using a weight of 0.4 for the most recent period, 0.3 for the next most recent, 0.2 for the next, and 0.1 for the next.
Forecast Period 5
Forecast Period 6
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