Question: Question 11 (5 points) Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: Wt-4 = 0.1 Wt-3

Question 11 (5 points) 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 = 253 At-3 - 440 At-2 - 366 At-1 = 357 What will be the demand forecast for period t? (Keep one decimal place in your answer Your

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