A food processing company uses a moving average to forecast next month's demand. Past actual demand (in units) is shown in the table below. A. Compute a simple 5 month moving average to forecast demand for month 52. B. Compute a weighted 3 month moving average, where the weights are highest for the latest months and descending in order 3,2,1. MA= MA wt Month 43 44 45 Ex Number of periods Σ(wt) (x) wt 47 48 49 50 51 52 Actual Demand 105 106 110 110 114 121 130 128 137

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