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Table 118 -Use the Information in Table 11

question 31

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Table 11.8.
 Month  No. Machines  Sold 150265352456555660\begin{array} { | c | c | } \hline \text { Month } & \begin{array} { c } \text { No. Machines } \\\text { Sold }\end{array} \\\hline 1 & 50 \\2 & 65 \\3 & 52 \\4 & 56 \\5 & 55 \\6 & 60 \\\hline\end{array}
-Use the information in Table 11.8. Use the weighted moving average method to calculate the forecast for month 7. The weights are 0.50, 0.30, and 0.20, where 0.50 refers to the most recent demand.


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