Question: Use the actual demand data for German Chocolate Cake, shown in the table below, to show how to forecast the demand for German Chocolate Cake

Use the actual demand data for German Chocolate Cake, shown in the table below, to show how to forecast the demand for German Chocolate Cake for the month of May 2023 using a 4-month weighted moving average and the weights 0.4, 0.3, 0.2, and 0.1, (with the heaviest weight applied to the most recent period).

Nov. 2022 Dec. 2022 Jan. 2023 Feb. 2023 Mar. 2023 Apr. 2023
39 36 40 38 48 46

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