Here are the data for the past 21 months for actual sales of a particular product: LAST YEARTHIS YEARJanuary300275February400375March425350April450425May400400June460350July400350August300275September375350October500 November550 December500 Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.5, the second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months.Note: Round your answer to 2 decimal places.

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 300 275 February 400 375 March 425 350 April 450 425 May 400 400 June 460 350 July 400 350 August 300 275 September 375 350 October 500 November 550 December 500

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 300 275 February 400 375 March 425 350 April 450 425 May 400 400 June 460 350 July 400 350 August 300 275 September 375 350 October 500 November 550 December 500

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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	LAST YEAR	THIS YEAR
January	300	275
February	400	375
March	425	350
April	450	425
May	400	400
June	460	350
July	400	350
August	300	275
September	375	350
October	500
November	550
December	500

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