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, 3 (largest weight is for most recent data)?
Definitions:
Reinforcement
In behavioral psychology, an event that strengthens or increases the likelihood of a behavior by providing a consequence an individual finds rewarding.
Microsystem
In bioecological systems theory, the innermost level of context, which includes an individual’s immediate physical and social environment.
Mesosystem
In bioecological systems theory, the relations and interactions among microsystems.
Exosystem
In bioecological systems theory, social settings in which an individual does not participate but has an indirect influence on development.
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