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The Universal Computer Company wants to forecast the monthly sales of their newly introduced tablet computer using the following historical sales data: Month Sales (

The Universal Computer Company wants to forecast the monthly sales of their newly introduced tablet computer using the following historical sales data:
Month
Sales (units)
1
8,000
2
10,000
3
12,500
4
11,000
5
10,500
6
11,500
7
11,000
Use the 3-month weighted moving-average method to calculate the forecast for month 8 using weights of 0.50,0.30, and 0.20, where 0.50 refers to the weight for the most recent demand.

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