Question: 1 . Calculate a forecast using a simple 3 months moving average 2 . Calculate the forecast using 3 - period weighted moving average. Use

1. Calculate a forecast using a simple 3 months moving average
2. Calculate the forecast using 3-period weighted moving average. Use weights of 0.6,0.3 and 0.1 for the most recent period, second most recent period and 3rd most recent period accordingly
3. Calculate the forecast using exponential smoothing method. Assume the forecast per period is 9500 and alpha is 0.40
Identify how many metal plates you are plannig to produce and what is the amount that you will advise your supplier you need in
a)6 weeks horizon
b)6 months horizon

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