(Solved): Given the following demand data, \table[[Period,Demand],[1,65],[2,62],[3,67],[4,63],[5,69]] a. Compu ...

Given the following demand data, \table[[Period,Demand],[1,65],[2,62],[3,67],[4,63],[5,69]] a. Compute a weighted average forecast using a weight of 0.4 for the most recent period, 0.3 for the next most recent, 0.2 for the next, and 0.1 for the next. Note: Round all your answers to two decimal points. \table[[Forecast Period 5],[Forecast Period 6]] b. If the actual demand for period 6 is 66 , forecast demand for period 7 using the same weights as in part a.