Question: Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.7 and 0.3, 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 0.7 and 0.3, with the most recent observation weighted higher. Period 10 11 12 13 14 Demand 291 385 459 268 493 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). 7 Forecast Period 10 11 Demand 291 385 459 12 13 268 14 493 15

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