What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)?
$$\begin{array} { | c | c | c | c | c | c | }
\hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
\hline 37 & 36 & 40 & 42 & 47 & 43 \
\hline
\end{array}$$

Question

What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)?
 $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
\hline 37 & 36 & 40 & 42 & 47 & 43 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)?
 $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
\hline 37 & 36 & 40 & 42 & 47 & 43 \
\hline
\end{array}$$

What Is the Forecast for May Based on a Weighted