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The following table shows the actual demand observed over the last 1 1 years: This exercise contains only parts b , c , and d

The following table shows the actual demand observed over the last 11 years:
This exercise contains only parts b,c, and d.
b) Using the 3-year moving average, provide the forecast from periods 4 through 12(round your responses to one
decimal place).
c) Using the 3-year weighted moving average with weights 0.10,0.35, and 0.55, using 0.55 for the most recent period, provide
the forecast from periods 4 through 12(round your responses to two decimal places).
d) Mean absolute deviation for the forecast developed using the 3-year moving average is 2.25 and for the 3-year weighted
moving average is 2.54. Based on this information, the better forecast is achieved using the
approach.The following table shows the actual demand observed over the last 11 years: The following table shows the actual demand observed over the last 11 years: Using exponential smoothing with \alpha =0.50 and a forecast for year 1 of 5.0, provi
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