Business, 15.04.2020 19:09 Jana1517

Here are the data for the past 21 months for actual sales of a particular product:LAST YEAR THIS YEARJanuary 325 260February 440 380March 450 370April 440 420May 380 440June 460 360July 410 375August 370 300September 345 380October 510November 560December 540Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Do the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.)

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Here are the data for the past 21 months for actual sales of a particular product:LAST YEAR THIS YEA...