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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