Question: Pizza Hut uses a weighted moving average method to forecast pizza sales. It assigns a weight of 5 to the previous months demand, 3 to

Pizza Hut uses a weighted moving average method to forecast pizza sales. It assigns a weight of 5 to the previous months demand, 3 to demand two months ago, and 1 to demand three months ago. If sales amounted to 1000 pizzas in May, 2200 pizzas in June, and 3600 pizzas in July, calculate the forecast for August?

  1. 2844
  2. 2511
  3. 2084
  4. 3867
  5. 1622

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