Question: Help please.. Given the following demand data. Period 2 3 4 5 Demand 62 58 64 57 67 a. Compute a weighted average forecast using

Help please.. Help please.. Given the following demand data.

Given the following demand data. Period 2 3 4 5 Demand 62 58 64 57 67 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. (Round all your answers to two decimal points.) Forecast Period 5 Forecast Period 6 b. If the actual demand for period 6 is 63, forecast demand for period 7 using the same weights as in part a. Forecast Period 7

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