Question: Starbucks at Zu uses a moving average method to forecast coffee sales. It assigns a weight of 5 to the previous months demand, 3 to
Starbucks at Zu uses a moving average method to forecast coffee sales. It assigns a weight of 5 to the previous months demand, 3 to demand two months ago, 1 to demand three months ago. If sales amounted to 1675 coffees in may, 2998 coffees in June, and 4364 coffees in July, what should be the forecast for August.
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