Question: Problem 3 Calculate the forecasts utilizing the following four techniques: 1. Moving average with 2 periods 2. Weighted moving average with 3 periods (weights 0.60

Problem 3 Calculate the forecasts utilizing the following four techniques: 1. Moving average with 2 periods 2. Weighted moving average with 3 periods (weights 0.60 for most recent, 0.30 for next most recent, 0.10) 3. Exponential smoothing (alpha=0.15), you can use forecasts from either 1 or 2 above Period 1 2 5 6 7 8 9 10 Demand 648 590 631 769 745 856 760 962 990 1100 3 4

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