Question: Using the data set below, what would be the forecast for period 7 using a four period weighted moving average? The weights for each period
Using the data set below, what would be the forecast for period 7 using a four period weighted moving average? The weights for each period are 0.05, 0.15, 0.30, and 0.50 from the oldest period to the most recent period, respectively.
| Period | Actual Demand |
| 1 | 10000 |
| 2 | 12400 |
| 3 | 13250 |
| 4 | 15750 |
| 5 | 20500 |
| 6 | 18500 |
17820
16105
18425
18610
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