Question: 1. What is the approximate forecast for May using a four-month moving average? (2 PTS) Nov. 391 Dec. 36 Jan 40 I Feb 42 Mar

1. What is the approximate forecast for May using a four-month moving average? (2 PTS) Nov. 391 Dec. 36 Jan 40 I Feb 42 Mar 48 April 46 May 2. John's House of Pancakes uses a weighted moving average method to forecast pancake sales, assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and I 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 PTS)

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