Question: A manager wishes to compute a 3-month weighted moving average forecast for December. The weights are 0.6, 0.3, and 0.1. The manager wants the most

A manager wishes to compute a 3-month weighted moving average forecast for December. The weights are 0.6, 0.3, and 0.1. The manager wants the most recent observations to receive the higher weights. The actual observations for September, October, and November were 80, 84, and 89, respectively. What is the forecast for December?

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