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.

Given the demand below, we compute a 3-period weighted moving average forecast for period 5 using a weight of 1/3 for the most recent period, 1/3 for the next, and 1/3 for the next. Now, what is the forecast's error for period 5?

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

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