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BGSU Bookstore would like to make a forecast of the latest version of a tablet PC. Its recent monthly sales data are compiled as shown
BGSU Bookstore would like to make a forecast of the latest version of a tablet PC. Its recent monthly sales data are compiled as shown in the following table. Based on the data summarized i the below table, please answer the following questions. Month Actual demand Forecasted demand January 12 11.00 February 15 ? March 11 April 9 May 10 June ? Using the three month, weighted moving average method with a weight of 0.5, 0.3, and 0.2, the forecasted value for the upcoming month of April is units? 12.40 C10.67 12.70 C None of the above
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