Question: Using a 2-period weighted moving average forecast where the newest data point is weighted 0.6 and the oldest data point is weighted 0.4, what is

Using a 2-period weighted moving average forecast where the newest data point is weighted 0.6 and the oldest data point is weighted 0.4, what is the Sales dollars forecast for February 2021?

Year Forecast 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020 Month Sales Dollars January $717 February $838 March $859 April $746 May $946 June $727 July $998 August $801 September $988 October $780 November $866 December $826 January $957 February $851 March $917 April $888 May $845 June $998 July $995 August $769 September $805 October $916 November $724 December $941 January February March 2020 2020 2020 2020 $789.6 $850.6 $791.2 $866.0 $814.6 $889.6 $879.8 $913.2 $863.2 $831.6 $842.0 $904.6 $893.4 $890.6 $899.6 $862.2 $936.8 $996.2 $859.4 $790.6 $871.6 $800.8 $854.2 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021

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