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?
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Home » Business » 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.