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 forecast for periods 12 through 15. Use weights of 0.8 and 0.2, with the most recent observation weighted higher.

Period

Demand

10

247

11

367

12

386

13

313

14

466

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

247

11

367

12

386

(enter your response here)

13

313

(enter your response here)

14

466.

(enter your response here)

15.

(enter your response here)

PLEASE ANSWER ALL:)

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