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

(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.

 

YearDemand
17
29
35
49
513
68
712
813
99
1011
117
12

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