Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January February 345 290 395 375 March 470 365 April May 460 475 400 440 June 470 325 July August...

Here are the data for the past 21 months for actual sales of a particular product:<br>LAST YEAR<br>THIS YEAR<br>January<br>February<br>345<br>290<br>395<br>375<br>March<br>470<br>365<br>April<br>May<br>460<br>475<br>400<br>440<br>June<br>470<br>325<br>July<br>August<br>September<br>October<br>430<br>365<br>325<br>280<br>375<br>375<br>535<br>November<br>570<br>December<br>550<br>Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the<br>second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months. (Round<br>your answer to 2 decimal places.)<br>Forecast for the fourth quarter<br>

Extracted text: Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January February 345 290 395 375 March 470 365 April May 460 475 400 440 June 470 325 July August September October 430 365 325 280 375 375 535 November 570 December 550 Develop 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. Solve the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.) Forecast for the fourth quarter

Jun 10, 2022

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Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January February 345 290 395 375 March 470 365 April May 460 475 400 440 June 470 325 July August...

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