A firm's demand data from the last two quarter is displayed in the table.Use a three period weighted moving average with Wt = 0.7,Wt-1 = 0.2,and Wt-2 = 0.1 to forecast demand for July.
A) 235.2
B) 195.6
C) 158.8
D) 180.4
Correct Answer:
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