Question: Moving Average Forecasting Periods in moving average 3 Time Period Demand 1 83 2 86 3 81 4 82 5 94 6 88 7 85

Moving Average Forecasting
Periods in moving average 3
Time Period Demand
1 83
2 86
3 81
4 82
5 94
6 88
7 85
8 84
9 87
10 93
11 89
12 94
Next period forecast: 13
MSE
Periods in moving average 4
Time Period Demand
1 83
2 86
3 81
4 82
5 94
6 88
7 85
8 84
9 87
10 93
11 89
12 94
Next period forecast: 13
MSE
Which moving average is best?

Questions

1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places.

fill in the blank 2

2. What is the MSE for the three-period moving average? Round your answer to two decimal places.

fill in the blank 3

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