Question: Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use weights of 0.6 and 0.4, with the most recent observation weighted
Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use 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.
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 | 114 | |
| February | 78 | |
| March | 96 | nothing |


Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
