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	Demand
10	295
11	379
12	389
13	300
14	457

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	295
11	379
12	389	nothing

13

300

nothing

14

457

nothing

15

nothing