Question: please write step by step for studying 18. John's Waffle House uses a weighted average method to forecast waffles sales. It assigns a weight of

please write step by step for studying
please write step by step for studying 18. John's
18. John's Waffle House uses a weighted average method to forecast waffles sales. It assigns a weight of 50% to the previous months demand, 30% to the demand for waffles two months ago, and 20% to the demand for waffles three months ago. Suppose waffle sales in May were 3000, 2200 waffles in June and 1000 waffles in July. What should be the forecast for waffles in August

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