What is the forecast for May based on a weighted moving average applied to the following past

What is the forecast for May based on a weighted moving average applied to the following past

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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)?
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Unformatted text preview: Nov. Dec. Jan. Feb. Mar. April 37 36 40 42 47 43 2x42 + 3x47 + 4x43 = 84+141+172 = 397; 397/9 = 44.1...
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