Question: Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use weights of 0.8 and 0.2, with the most recent observation weighted

Develop a two-period weighted moving averageDevelop a two-period weighted moving averageDevelop a two-period weighted moving averageDevelop a two-period weighted moving average

Develop a two-period weighted moving average forecast for March 2019 through January 2020. Use weights of 0.8 and 0.2, 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. Month January 2019 February March April May June July August September October November December Demand 93 75 119 90 98 133 98 113 100 98 86 85 Develop a two-period weighted moving average and fill-in the table below (enter your responses rounded to one decimal place). Forecast Month January 2019 February March Demand 93 75 119 78.6 April 90 110.2 May 98 95.8 June 133 96.4 July 98 126 August 113 105 September 100 110 October 98 102.6 November 86 98.4 December 85 88.4 The forecast for January 2020 is 85.2 . (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 0 1 - (Enter your response rounded to one decimal place.) The MAPE is %. (Enter your response rounded to one decimal place.)

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