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?
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
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.