Question: What is the forecast for March based on a 4 month weighted moving average applied to the following past demand data and using the weights:

What is the forecast for March based on a 4 month weighted moving average applied to the following past demand data and using the weights: 0.4, 0.3, 0.2, and 0.1? The largest weight is for the most recent data. Identify the closest answer.

Nov. Dec. Jan. Feb. Mar. April
237 240 236 247 242 243
241
244
237
247
245

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