Historical demand for a product is: Month Demand Januar…
Historical demand for a product is: Month Demand January 12 February 11 March 15 April 12 May 16 June 15 Using weights of 0.60, 0.30, and 0.10 (with highest weight given to most recent observation), find the weighted moving average forecasts for April, May, June, and July (total of 4). (15 pts.) Show all the computations for at least one of the four forecasts.