Make the forecast using the following techniques for the first six months of 2021: 3-month moving average 3-month weighted moving average (weights are 3,2,1 : the highest for the most recent past month data)
Phillip Cane, the managing editor of Your Life Magazine, needs to develop a
Month (2020) Sales
May 50
June 45
July 60
August 52
September 69
October 60
November 47
December 53
Make the forecast using the following techniques for the first six months of 2021:
- 3-month moving average
- 3-month weighted moving average (weights are 3,2,1 : the highest for the most recent past month data)
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