Solved: Christies pretzels uses a weighted moving average method, Operation Management

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Christies pretzels uses a weighted moving average method

Christie's Pretzels uses a weighted moving average method to forecast pretzel sales. It assigns a weight of 5 to the previous month's demand, 3 to demand 2 months ago, and 1 to demand 3 months ago. If sales amounted to 500 pretzels in May, 1,200 pretzels in June, and 2,250 pretzels in July, what should be the forecast for August?

1,706
2,061
3,767
2,511
1,681

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Operation Management: Christies pretzels uses a weighted moving average method

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Operation Management: Christies pretzels uses a weighted moving average method

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