Question: Moving to the next question prevents changes to this answer Questions Question 8 of 10 5 points Forecasting Calculation Question Use the data in the

Moving to the next question prevents changes to this answer Questions Question 8 of 10 5 points Forecasting Calculation Question Use the data in the following able to answer the below questions. Show your detailed calculation steps and use 2 decimal place Actual Month Demand SMA WMA 1 43 2 45 3 4 45 45.67 47 5 50 46.3 45.8 55 27 7 1. Calculate the 3 months Simple Moving Average forecast for Month 6 (1 mark) 2. Calculate the 3 months Weighted Moving Average Forecast for Month 6. assume the weight of the most recent month is 0.6, two months ago 0.2. three months ago 02 (1 mark) 3. Calculate the Mean Absolute Deviation (MAD) for both Simple Moving Average and weighted Moving Average (2 marks) 4. Which method do you recommend? Why? (1 mark) TTT Arial

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