Question: Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.7 and 0.3, with the most recent observation weighted higher.

Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.7 and 0.3, with the most recent observation weighted higher.

PERIOD DEMAND
10............ 248
11............ 370
12............ 424
13............ 286
14............ 444


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