Question: Develop a two-period weighted moving average forecast for perioda 12 through 15. Use welghts of 0.7 and 0.3, with the most recent observation weighted higher

Develop a two-period weighted moving average forecast for perioda 12 through 15. Use welghts of 0.7 and 0.3, with the most recent observation weighted higher Period 10 11 12 13 14 Demand 230 320 420 289 487 Period Forecast Calculate the forecasts for periods 12 - 15 by using a two-period weighted moving average model enter your responses founded to the nearest whole number) Demand 10 230 320 11 12 13 420 14 481 15

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