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A firm has the following order history over the last 6 years. Month Orders January 130 February 140 March 110 April 95 May 125 June

A firm has the following order history over the last 6 years.

Month Orders
January 130
February 140
March 110
April 95
May 125
June 55

What would be a 3-month weighted moving average forecast for July, using weights of 70%(0.7), 20% (0.2) and 10% (0.1)? (Largest weight is multiplied by the most recent period)

options:

73

97

109.17

91.7

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