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You are given the following demand and forecast history for iPhone12 smart phones. What is the weighted moving average forecast for Period 7 with weights
You are given the following demand and forecast history for iPhone12 smart phones. What is the weighted moving average forecast for Period 7 with weights w2= 0.6 and w1=0.4? Usew2for the most recent data value.(Do not round intermediate calculations. Round your final answers to two decimal places.)
Period Actual Demand Forecast
1 58 59.96
2 45 61.45
3 78 62.94
4 83 64.43
5 59 65.92
6 59 67.41
7
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