Question: Develop a two-period weighted moving average forecast for March 2016 through January 2017. Use weights of 0.6 and 0.4, with the most recent observation weighted

Develop a two-period weighted moving average forecast for March 2016 through January 2017. Use weights of 0.6 and 0.4, with the most recent observation weighted higher. Calculate the MFE, MAD, and MAPE values for March through December.

Month

Demand

January 2016.........................110

February................................75

March.................................123

April....................................62

May....................................102

June....................................151

July.....................................121

August.................................118

September..............................99

October..................................95

November..............................80

December..............................110

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