Question: The data for the last 8 months are provided below. 1 2 3 4 5 6 7 8 601 629 587 545 572 610 634

The data for the last 8 months are provided below. 1 2 3 4 5 6 7 8 601 629 587 545 572 610 634 660 Forecast for Period 9 utilizing a weighted moving average. For the first prior period weight, use a value of 0.4; for the second prior period weight, use a value of 0.4; and for the third prior period, use a value of 0.2. (Assume a first-period forecast equal to the actual value for Period 1.) a. 693.4 b. 639.6 c. 596.1 d. 691.2

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