Question: Please solve correctly, I will rate your answer! Historical demand for a product is January February March April May DEMAND 14 11 15 14 16

Please solve correctly, I will rate your answer! Please solve correctly, I will rate your answer!

Historical demand for a product is January February March April May DEMAND 14 11 15 14 16 15 June a. Using a weighted moving average with weights of 0.50 (June), 0.30 (May), and 0.20 (April), find the July forecast. (Round your answer to 1 decimal place.) July forecast b. Using a simple three-month moving average, find the July forecast. (Round your answer to 1 decimal place.) July forecast

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