Question: 4 5 points Weighted Moving Average Forecast Compute the sales forecast for the month of January 2023 using the Weighted Moving Average forecasting technique and

 4 5 points Weighted Moving Average Forecast Compute the sales forecast

4 5 points Weighted Moving Average Forecast Compute the sales forecast for the month of January 2023 using the Weighted Moving Average forecasting technique and the last 3 months of 2022 data with the following monthly weights: Weights: 0.60 for the previous month, 0.30 for 2 months prior, 0.10 for 3 months prior Monthly sales for the RUOK Company for the last 12 months are as follows: MONTH ACTUAL SALES January 2022 140,235 February 2022 116,550 March 2022 78,225 April 2022 63,045 May 2022 17,460 June 2022 122,400 July 2022 16,980 August 2022 41,850 September 2022 57,270 October 2022 73,820 November 2022 33,780 December 2022 79,830 MONTH FORECAST January 2023

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