Question: Problem 1 8 - 4 ( Algo ) Here are the data for the past 2 1 months for actual sales of a particular product:

Problem 18-4(Algo)
Here are the data for the past 21 months for actual sales of a particular product:
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.
Note: Round your answer to 2 decimal places.
 Problem 18-4(Algo) Here are the data for the past 21 months

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