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The owner is the Soda store wants to forecast Soda. Demand for the preceding four years is shown in the following table: Year 1 is
The owner is the Soda store wants to forecast Soda. Demand for the preceding four years is shown in the following table: Year 1 is 62,400 and Year 2 is 63,200, and Year 3 is 64,700, and Year 4 is 62,600. What is the forecast demand for year 5 using a three year weighted average using 0.4 for year 4, 0.2 for year 3, and 0.4 for year 2. 62,400, 63,200, 64,700, or 62,600.
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