Question: Use the following data for problems 27 - 28. Month Sales Jan 34 Feb 36 Mar 39 Apr 37 May 38 June 27. Using a

Use the following data for problems 27 - 28.

Month	Sales
Jan	34
Feb	36
Mar	39
Apr	37
May	38
June

27. Using a two month moving average, what is the forecast for June?

A. 37.5

B. 21.0

C. 38.0

D. 35.0

28. Using a two month weighted moving average, compute a forecast for June with weights of 0.2, and 0.8 (oldest data to newest data, respectively).

A. 32.3

B. 37.8

C. 36.8

D. 35.4

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