Question: Please do not write by hand.. Questions: An Electronic Company estimates the annual demand for a certain product as follows: Week 1 2 3 4

Please do not write by hand..

Questions:

An Electronic Company estimates the annual demand for a certain product as follows:

Week

1

2

3

4

5

6

Demand

649

524

561

738

515

598

Forecast the demand for week 7 using a three-period weighted moving average. Use the following weights: W1 = .4, W2 = .4, W3 = .2 (Marks 1.5) (word count maximum:100)

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