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The following table shows the actual demand observed over the last 11 years: Year 1 2 3 4 5 6 7 8 9 10 11

The following table shows the actual demand observed over the last 11 years:

Year

1

2

3

4

5

6

7

8

9

10

11

Demand

7

9

5

9

13

8

12

13

9

11

7

This exercise contains only parts b, c, and d.Part 2b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place).

Year

4

5

6

7

8

9

10

11

12

Forecast

77

7.677.67

99

1010

1111

1111

11.3311.33

1111

99

Part 3c) Using the 3-year weighted moving average with weights

0.10,

0.30,

and

0.60,

using

0.60

for the most recent period, provide the forecast from periods 4 through 12 (round your responses to one decimal place).

Year

4

5

6

7

8

9

10

11

12

Forecast ____

____

_______

_____

_____

_______

_______

______

_______

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