Question: OM Cafe uses a weighted moving average method to forecast cake sales. It assigns a weight of 9 to the previous months demand, 3 to
OM Cafe uses a weighted moving average method to forecast cake sales. It assigns a weight of 9 to the previous months demand, 3 to demand two months ago, and 2 to demand three months ago. If sales amounted to 1,103 cakes in May, 2,735 cakes in June, and 4,621 cakes in July, calculate the forecast for the month of August
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