John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and 1 to demand three months ago
If sales amounted to 1000 pancakes in May, 2200 pancakes in June, and 3000 pancakes in July, what should be the forecast for August?
A) 2400
B) 2511
C) 2067
D) 3767
E) 1622
B
You might also like to view...
Royalty Chocolates plans to bring out an ad campaign to promote a new range of products, with
flavors targeted to older market segments. The company decides to change its tagline to better reflect its product offerings. Which of the following slogans should Royalty Chocolates adopt to position itself based on attributes? A) Royalty Chocolates: For those who want the best B) Royalty Chocolates: Bittersweet temptation C) Royalty Chocolates: It's not just candy D) Royalty Chocolates: A taste of heaven
The llamas and horse spend most of their day wandering back and forth among their favorite spots in the yard, and have worn paths that are two feet wide among them. Amazingly, these paths correspond to a minimal spanning tree network!
The property owner is fearful that the bare dirt paths will wash out during heavy rains, so he initiates a soil conservation project to lay sod over all of the bare dirt paths. How many square feet of sod must he purchase? A) 1080 B) 540 C) 680 D) 820