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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