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What Is the Forecast for July Based on a Three-Month

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What is the forecast for July based on a three-month weighted moving average applied to the following past demand data and using the weights: 5, 3,and 2 (largest weight is for most recent data)? Show all of your computations for April through July. What is the forecast for July based on a three-month weighted moving average applied to the following past demand data and using the weights: 5, 3,and 2 (largest weight is for most recent data)? Show all of your computations for April through July.


Definitions:

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