Question: Given the demand below, compute a 3-period weighted moving average forecast for period 6 using a weight of 0.3 for the most recent period, and

Given the demand below, compute a 3-period weighted moving average forecast for period 6 using a weight of 0.3 for the most recent period, and 0.3 for the next. Choose the correct statement.

Period Demand
1 42
2 40
3 43
4 40
5 41

Group of answer choices

This forecast is less responsive than the 3-period moving average forecast.

This forecast is not smoother than the 3-period moving average forecast.

This forecast is equal to the 3-period moving average forecast since its weights are equal to each other.

This forecast is more sensitive than the 3-period moving average forecast.

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