Question: You are using the moving-average forecasting method based on sales in the last three months to forecast sales for the next month. When making the

You are using the moving-average forecasting method based on sales in the last three months to forecast sales for the next month. When making the forecast for last month, sales for the third month prior to last month were 805. The forecast for last month was 782 and then the actual sales turned out to be 793. What is your new forecast for next month?

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