Question

(a) Plot the above data on a graph. Do you observe any trend, cycles, or random variations?
(b) Starting in year 4 and going to year 12, forecast demand using a 3-year moving average. Plot your forecast on the same graph as the original data.
(c) Starting in year 4 and going to year 12, forecast demand using a 3-year moving average with weights of .1, .3, and .6, using .6 for the most recent year. Plot this forecast on the same graph.



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  • CreatedJuly 29, 2013
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