Question: ListenReadSpeaker webReader: Listen Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: w t-4 = 0.1 w

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Suppose a four period weighted average is being used to forecast demand. Weights for the periods are:

wt-4 = 0.1

wt-3 = 0.2

wt-2 = 0.3

wt-1 = 0.4

Demand observed in the previous four periods was:

At-4 = 307

At-3 = 426

At-2 = 432

At-1 = 369

What will be the demand forecast for period t? (Keep one decimal place in your answer).

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