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Find four-period weighted moving average forecast for period

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Reference no: EM132604153

Period        Sales Volume

1                 1000

2                 1200

3                1450

4               1750

5              2200

6             2750

Question 1: Find the four-period weighted moving average forecasts for period 5 and 6 using weights of 0.05, 0.15, 0.30 and 0.50 from the earliest period to the latest period,respectively.

Question 2: which set of forecasts is more accurate, the simple moving average forecasts or the weighted moving average forecasts?

Reference no: EM132604153

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