Question: Use the following data to create a 3-period simple moving average forecast for July. Using the same data, create a weighted moving average forecast. Justify

Use the following data to create a 3-period simple moving average forecast for July. Using the same data, create a weighted moving average forecast. Justify your selection of time period(s) and weighting factor(s).

Time Period	Demand
Jan	300
Feb	260
March	240
April	200
May	180
June	165

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