A marketing firm has collected the following information on how much actual sales they observed in the previous 5 periods. Based on this information, what would be the 3 period weighted moving average forecast for period 6 using weights of .5 for prior period, .3 for t-2 and .2 for t-3?

Period	Actual Sales $
1	184,400
2	279,100
3	244,000
4	314,200
5	382,200

Question 3 options:

1)

242,610

2)

279,100

3)

286,120

4)

313,467