Question: Sparky's uses a weighted average method to forecast demand. It assigns a weight of 5 to the previous month's demand, 3 to demand two months

Sparky's uses a weighted average method to forecast demand. It assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and 1 to demand three months ago. If sales amounted to 6000 widgets in May, 4800 widgets in June, and 3500 widgets in July, what should be the forecast for August?

Group of answer choices

a. 532

b. 1263

c. 4211

d. 5322

e. 12467

f. 37900

g. none of these is correct

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