Question: Weighted Moving Average. Based the following sales information, develop three- period weighted moving average forecast for Redbird Manufacturing Company (RMC). Uso weights of 0.70 (t)

Weighted Moving Average. Based the following sales information, develop three- period weighted moving average forecast for Redbird Manufacturing Company (RMC). Uso weights of 0.70 (t) 0.20 (t-). and 0.10 it-2). Then calculate MAD and MAPE, Make sure to follow the Chapter 8 handouts and perform all calculations as taught in class! Month Actual Weighted Monthly Moving Avg. Sales Forecast 1508 Error! Percent Error 1599 1577 March (1) April (2) May (3) June (4) July (5) August 1603 1657 1688 (6) 1634 1701 Sept. () October (8) Nov. (9) 1722 MADE MAPE =

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