John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of 5 to the previ
1 answer:
Answer:
B. 1,622
Step-by-step explanation:
The weighed average is each value multiplied by it's weight divided by the sum of the weights.
In this problem we have that:
Weight of 5 to the previous month demand. The number of pancakes in July was 1000.
Weight of 3 to the demand of two months ago. The number of pancakes in June was 2200.
Weight of 1 to the demand of three months ago. The number of pancakes in May was 3000.
So, the forecast for August is:
The forecast for August is a demand of 1622 pancakes. Letter B.
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