Question: Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.8 and 0.2, with the most recent observation weighted higher.

Develop a two-period weighted moving average

Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.8 and 0.2, with the most recent observation weighted higher. Period 10 11 12 13 14 _10 11 12 13 14 15 Demand 221 356 458 253 471 Calculate the forecasts for periods 12-15 by using a two-period weighted moving average model (enter your responses rounded to the nearest whole number). Period Demand 221 356 458 253 471 Forecast

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