Develop a two-period weighted moving average forecast for March 2016 through January 2017. Use…

Develop a two-period weighted moving average forecast for March 2016 through January 2017. Use weights of 0.6 and 0.4, with the most recent observation weighted higher. Calculate the MFE, MAD, and MAPE values for March through December. Month Demand January 2016…………………….110 February…………………………..75 March……………………………123 April………………………………62 May………………………………102 June………………………………151 July……………………………….121 August……………………………118 September…………………………99 October…………………………….95 November…………………………80 December…………………………110

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