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Given the following demand data, a. Compute a weighted average forecast using a weight of 0.5 for the most recent period, 0.2 for the next

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Given the following demand data, a. Compute a weighted average forecast using a weight of 0.5 for the most recent period, 0.2 for the next most recent, 0.2 for the next, and 0.1 for the next. (Round all your answers to two decimal points.) Answer is complete but not entirely correct. b. If the actual demand for period 6 is 51 , forecast demand for period 7 using the same weights as in part a

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