Question: QUESTION 23 Table below includes time series information including actual demand values of June, July and August. Forecast the demand of September using two-period moving

QUESTION 23

  1. Table below includes time series information including actual demand values of June, July and August. Forecast the demand of September using two-period moving average.

    Month

    Actual Demand

    in units

    Forecast

    in units

    		Weight
    June 120
    July 125 25%
    August 118 75%
    September

    122.5 units

    121 units

    121.5 units

    118 units

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