carmens decides to forecast auto sales by weighting the three weeks as follows:

weight applied: period:

0.5. week 1

0.33 two weeks ago

0.17 3 weeks ago.

calculate the weighted moving average forecast for weeks 4-7

Carmen's decides to forecast auto sales by weighting the three weeks as follows: Calculate the weighted moving average forecast for weeks 47. Ft+1=i=1nWt+1iDt+1i