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)?
Definitions:
Mexican Government
The federal constitutional republic of Mexico, which is governed by a president and a bicameral legislature.
Fixed Exchange-Rate System
An exchange rate regime where a country's currency value is pegged to another currency, a basket of currencies, or a commodity like gold.
Local Currency
The currency that is legally accepted within a country and typically used for all financial transactions within that geographical boundary.
Flexible Exchange Rates
A system where the value of a currency is determined by the foreign exchange market, depending on the supply and demand for that currency.
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