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

234

11

379

12

396

13

301

14

435

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

234

11

379

12

396

enter your response here

13

301

enter your response here

14

435

enter your response here

15

enter your response here

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