Question: Develop forecasts for periods 7 through 10 for the demand data in the table using a three-period moving average, a weighted moving average using 0.6,

Develop forecasts for periods 7 through 10 for the demand data in the table using a three-period moving average, a weighted moving average using 0.6, 0.3, and 0.1, and exponential smoothing with alpha = 0.7. Use a 6th-period forecast of 135 as the starting point for the exponential smoothing technique.

Period

Actual

MA n = 3

WMA

Exp. Smoothing

1

64

2

84

3

91

4

97

5

115

6

135

7

137

8

144

9

153

10

171

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