The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
What is this month's forecast using a four-month weighted moving average with weights of 0.4, 0.3, 0.2, and 0.1?
Definitions:
Instrument
A formal legal document, such as a contract, will, bond, lease, or loan, that establishes legal rights and obligations.
Negotiation
A bargaining process in which disputing parties interact informally to attempt to resolve their dispute. Also, the transfer of the rights to a negotiable instrument from one party to another.
Liability
The state of being responsible for something, especially in terms of legal or financial obligations that may arise from actions or transactions.
Discharged
Released from liability for a negotiable instrument.
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