Question: Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use weights of 0.7 and 0.3, with the most recent observation weighted

Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use weights of 0.7 and 0.3, with the most recent observation weighted higher. Calculate the MFE, MAD, and MAPE values for March through December. LOADING... Click the icon to view the time series data.

Develop a two-period weighted moving average and fill-in the table below (enter your responses rounded to one decimal place).

Month Demand Forecast

January 2019 125

February 65

March 116

April 86

May 85

June 127

July 105

August 106

September 93

October 100

November 90

December 87

The forecast for January 2020 is . (Enter your response rounded to one decimal place.)

The MFE is . (Enter your response rounded to one decimal place and include a minus sign if necessary.)

The MAD is . (Enter your response rounded to one decimal place.)

The MAPE is %. (Enter your response rounded to one decimal place.)

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