Question: Consider the monthly Sales numbers in the table below. Using a 3-month WMA forecast model with w1 = 0.25, W2 = 0.35, and w3 =

Consider the monthly Sales numbers in the table

Consider the monthly Sales numbers in the table below. Using a 3-month WMA forecast model with w1 = 0.25, W2 = 0.35, and w3 = 0.40, what is the April forecast value (in $000)? Month(t) Sales (5000) 62 Jan Feb 64 66 Mar Apr May 69 72

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