Suppose a four period weighted average is being used to forecastdemand. Weights for the periods are:
wt-4 = 0.1
wt-3 = 0.2
wt-2 = 0.35
wt-1 = 0.35
Demand observed in the previous four periods was:
At-4 = 15545
At-3 = 15540
At-2 = 14784
At-1 = 14750
What will be the demand forecast for period t? (Keep one decimalplace in your answer).
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