Christie's Pretzels uses a weighted moving average method to forecast pretzel sales. It assigns a weight of

Question:

Christie's Pretzels uses a weighted moving average method to forecast pretzel sales. It assigns a weight of 7 to the previous month's demand, 5 to demand 2 months ago, and 2 to demand 3 months ago. If sales amounted to 500 pretzels in May, 1,200 pretzels in June, and 2,250 pretzels in July, what should be the forecast for August?