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# The table below summarizes the demands of a product in the past three months. Week Actual Demand 1 50 2 55 3 62 4 64 (a) Determine the simple...

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(a) Determine the simple 3-period moving average forecast for Week 5. **For full credit, please provide at least one step of calculation and the correct forecast. (4 points)**

(b) Determine the weighted 3-period moving average forecast for Week 5 with weights of 0.6, 0.3, and 0.1. The weight of 0.6 is to be attached to the most recent demand and 0.3 to the second most recent demand. **For full credit, please provide at least one step of calculation and the correct forecast. (4 points)**

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