4 pts Problem #1a: Use a two-month moving average to create a forecast for May. Calculate the forecast errors associated the moving average forecasts. Month Demand January 18 February 23 March 20 April 16 May ??? Edit View Insert Format Tools Table 12pt v Paragraph v |BIU MacBook Pro &

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4 pts
Problem #1a:
Use a two-month moving average to create a forecast for May. Calculate the
forecast errors associated the moving average forecasts.
Month Demand
January
18
February
23
March
20
April
16
May
???
Edit
View
Insert
Format
Tools Table
| в I U
12pt v
Paragraph v
MacBook Pro
&
Transcribed Image Text:4 pts Problem #1a: Use a two-month moving average to create a forecast for May. Calculate the forecast errors associated the moving average forecasts. Month Demand January 18 February 23 March 20 April 16 May ??? Edit View Insert Format Tools Table | в I U 12pt v Paragraph v MacBook Pro &
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