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

Develop a two-period weighted moving average forecast for March 2016 through January 2017. Use the 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	119
February	72
March	113
April	82
May	82
June	131
July	111
August	116
September	89
October	95
November	88
December	90

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