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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