Question: Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 315 300 Terry 410

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 315 300 Terry 410 400 Mareh 390 350 April 430 460 400 390 430 395 July 430 355 August 320 245 Beptember 365 340 Detober Movember 593 December 555 une 530 Develop a forecast for the fourth quarter using a three-quarter, weighted moving average Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Do the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.)

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