Question: Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019. LOADING...
Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019.
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| Month | Demand |
| January 2019 | 122 |
| February | 78 |
| March | 96 |
| April | 86 |
| May | 100 |
| June | 121 |
| July | 97 |
| August | 110 |
| September | 94 |
| October | 90 |
| November | 83 |
| December | 93 |
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Part 2
Develop a three-period moving average and fill-in the table below (enter your responses rounded to one decimal place).
| Month | Demand | Forecast |
| January 2019 | 122 | |
| February | 78 | |
| March | 96 | |
| April | 86 |
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