Question: What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 6,4, 2
What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 6,4, 2 (largest weight is for most recent data)?
| Nov. | Dec. | Jan. | Feb. | Mar. | April |
| 38 | 40 | 43 | 54 | 57 | 60 |
Question 3 options:
|
| 696 |
|
| 58 |
|
| 56 |
|
| 56.5 |
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