Question: Pearson Education is interested in forecasting demand for their most popular book, Introduction to Management Science by Bernard Taylor. The records shown in the table

Pearson Education is interested in forecasting

Pearson Education is interested in forecasting demand for their most popular book, Introduction to Management Science by Bernard Taylor. The records shown in the table provide an excellent opportunity for you to assist them with their forecasting. Month Actual Demand (millions) 20 7th Edition 8th Edition 30 9th Edition 35 10th Edition 37 42 11th Edition 12th Edition 13th Edition 46 57 Using weights of 0.2, 0.35 and 0.45, determine the 3-Month Weighted Moving Average forecast for the 12th Edition Cannot be determined 32.95 37.1 35.75

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