A firm's demand data from the last two quarter is displayed in the table. Use a three period weighted moving average with Wt = 0.7, Wt-1 = 0.2, and Wt-2 = 0.1 to forecast demand for July
Month Demand
January 154
February 148
March 214
April 180
May 225
June 246
A) 235.2
B) 195.6
C) 158.8
D) 180.4
Answer: A
Business
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