Question: Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.6 and 0.4, with the most recent observation weighted higher.
Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of
0.6
and
0.4,
with the most recent observation weighted higher.
| Period | Demand |
| 10 | 293 |
| 11 | 337 |
| 12 | 460 |
| 13 | 253 |
| 14 | 417 |
Part 2
Calculate the forecasts for periods
1215
by using a two-period weighted moving average model (enter your responses rounded to the nearest whole number).
| Period | Demand | Forecast |
| 10 | 293 | |
| 11 | 337 | |
| 12 | 460 | enter your response here |
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