Demand forecast for period t

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Suppose a four-period weighted average is being used to forecast demand. Weights for the periods are as follows: wt-3 = 0.1, wt-2 = 0.3 and wt-1 = 0.6. Demand observed in the previous four periods was as follows: At-3 = 410, At-2 = 390, and At-1 = 400. What will be the demand forecast for period t?

Reference no: EM132728768

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