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PROBLEM IV . The number of items sold over a six - month period are: table [ [ month: 1 , 2 , 3

PROBLEM IV. The number of items sold over a six-month period are:
\table[[month: 1,2,3,4,5,6],[sales: 4410,4540,4520,4480,4390,4530]]
Calculate the forecast for the 4 th,5 th,6 th and 7 th months using 3-month simple moving average, and 3-month weighted moving average with weights of 0.5 for the most recent month and 0.3 for the month preceding the most recent month.
(15) Under the 3-month Simple Moving Average Method, the forecast for the 5th month is:
(a)4490
(b)4513.33
(c)4543.33
(d)4556.18
(e) none of the above
(16) Under the 3-month Simple Moving Average Method, the forecast for the 7th month is:
(a)4458
(b)4525
(c)4484.24
(d)4466.67
(e) none of the above
(17) Under the 3-month Weighted Moving Average Method, the forecast for the 6th month is:
(a)4443
(b)4512
(c)4563
(d)4457
(e) none of the above
(18) Under the 3-month Weighted Moving Average Method, the forecast for the 7th month is:
(a)4497
(b)4532
(c)4478
(d)4576
(e) none of the above
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