Question: Suppose a three - period weighted average is being used to forecast demand. Weights for the periods are as follows: w t - 3 =

Suppose a three-period weighted average is being used to forecast demand. Weights for the periods are as follows: wt-3=0.2,wt-2=0.3, and wt-1=0.5. Demand observed in the previous three periods was as follows: At-3=2,200,At-2=1,950, and At-1=2,050. What will be the demand forecast for period t ?
Multiple Choice
2,000
2,095
1,980
2,050
1,875
 Suppose a three-period weighted average is being used to forecast demand.

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