Given the following demand for ten-period time frame as shown in the table below. Compute the three-period and five-period moving average forecasts. Plot the actual demand and the forecasts on the same graph. Period 1 2 3 4 5 6 7 8 9 10 Demand (in units) 24 25 28 32 35 38 41 46 49 53 Forecast Table: Period Actual 3-Moving Averages 5-Moving Averages 1 24 2 25 3 28 4 32 5 35 6 38 7 41 8 46 9 49 10 53 11

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