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Question 16 4 pts Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: Wt-4 = 0.05
Question 16 4 pts Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: Wt-4 = 0.05 Wt-3 = 0.15 Wt-2 = 0.35 Wt-1 = 0.45 Demand observed in the previous four periods was: At-4 = 9,924 At-3 = 9,710 At-2 = 10,309 At-1 = 9,890 What will be the demand forecast for period t? (Keep one decimal place in your answer).
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