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 Demand 253 401 451 311 453 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). Demand Forecast Period 10 11 253 401 12 451 13 311 14 453 15

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