Frostys snow cones uses a weighted moving average method to

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Frosty’s Snow Cones uses a weighted moving average method to forecast snow cone sales. It assigns a weight of five to the previous month's demand, three to demand 2 months ago, and one to demand 3 months ago. If sales amounted to 1,000 snow cones in May, 2,200 snow cones in June, and 3,000 snow cones in July, what should be the forecast for August?

Reference no: EM13781062

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