Question: 8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of 0.4, 0.35, and 0.25, with the most recent

8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of 0.4, 0.35, and 0.25, with the most recent observation weighted the highest. Calculate the MFE and MAD values for periods 4 through 10. How do your results compare with those for Problem 7? PERIOD DEMAND 1 221 10 234567890 247 228 233 240 152 163

PERIOD DEMAND 1 221 10 234567890 247 228 233 240 152 163 155 167 158

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