Question: What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3,
- What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 3 (largest weight is for most recent data)?
Nov | Dec | Jan | Feb | Mar | April |
37 | 36 | 40 | 42 | 47 | 43 |
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