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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