The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data: 
What is the forecast for this year using a three-year weighted moving average with weights of .5,.3,and .2?
Definitions:
Profit-maximizing Quantity
The level of output at which a firm achieves its highest profit, where marginal cost equals marginal revenue.
Total Profit
The overall financial gain made by a business after subtracting all expenses from the total revenue.
Profit-maximizing Price
The price level at which a company can sell its product to achieve the maximum possible profit, taking into account demand and production costs.
Professional Organizations
Associations or groups that represent the interests of individuals within a specific profession, offering resources, networking opportunities, and professional development.
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