Question: 1. Using the data below, what is the weighted moving average forecast for the 4th week? The weights are .20, .30, .50 (oldest period to

1. Using the data below, what is the weighted moving average forecast for the 4th week?

The weights are .20, .30, .50 (oldest period to most recent period)

Week

Time Series Value

1

23.00

2

6.00

3

20.00

4

18.00

2.

Using the data below and the SES forecast =0.3 , what is the error for the 3rd week?

Week

Time Series Value

1

12.00

2

25.00

3

7.00

4

5.00

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