Question: Question 20 (4 points) Forecast for July, using a 3-period weighted moving average. Assume the following weights: 0.5; 0.3; and 0.2 [Select the appropriate range

Question 20 (4 points) Forecast for July, using a 3-period weighted moving average. Assume the following weights: 0.5; 0.3; and 0.2 [Select the appropriate range in which your answer falls.] Month January February March April May June Actual Demand 480 520 535 550 590 630 More than 0 but less than or equal to 500 More than 500 but less than or equal to 545 More than 545 but less than or equal to 600 More than 600 but less than or equal to 650 none of the choices are correct

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