John's House of Pancakes Uses a Weighted Moving Average Method

question 81

Multiple Choice

John's House of Pancakes uses a weighted moving average method to forecast pancake sales.It assigns a weight of 5 to the previous month's demand,3 to demand two months ago,and 1 to demand three months ago.If sales amounted to 1000 pancakes in May,2200 pancakes in June,and 3000 pancakes in July,what should be the forecast for August?

• A)2400
• B)2511
• C)2067
• D)3767
• E)1622

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