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Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: wt4=0.1wt3=0.2wt2=0.3wt1=0.4 Demand observed in the previous four periods

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Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: wt4=0.1wt3=0.2wt2=0.3wt1=0.4 Demand observed in the previous four periods was: At4=319At3=353At2=464At1=320 What will be the demand forecast for period t ? (Keep one decimal place in your answer)

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