Question 3.3: Given the following demand data, a. Compute a weighted avera...

Operations Management [EXP-72231]

Given the following demand data,

a. Compute a weighted average forecast using a weight of .40 for the most recent period, .30 for the next most recent, .20 for the next, and .10 for the next.

b. If the actual demand for period 6 is 39 , forecast demand for period 7 using the same weights as in part a.

Period	Demand
1	42
2	40
3	43
4	40
5	41

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