Month	Sales ('000s)
January	$42
February	$49
March	$59
April	$39
May	$56
June	$59
July	$50
August	$49
September	$50
October	$53

Using the above sales data, what is the forecast for November using a weighted 3-month moving average approach? In the order of most recent to least recent, apply weights of 0.4, 0.3 and 0.2

Answers:

A. $51,111

B. $30,800

C. $52,111

D. $53,000