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The actual monthly demand for a bike at Walmart from month one to months three is 192 147 180 respectively. The manager decided to use
The actual monthly demand for a bike at Walmart from month one to months three is 192 147 180 respectively. The manager decided to use a weighted moving average forcasting model to forecast the demand for month 4 with weights 1.25, 4.25, and 4.5 where the last weight is for the most recent actual demand. What is his forecast?
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