Question: (20.0 points)
The following data summarizes the historical demand for a product



Use a weighted moving average method with weights w1 = .2, w2 = .3 and w3 = .5 and determine the forecasted demand for September. (Hint: The most recent month's weight is always given first.)

1. 33.5
   b) 35.5
   c) 37.5
   d) 38.5
   

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Deliverable: Word Document