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Management Studies

John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of 7 to the previous month's demand, 4 to demand two months ago, and 2 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?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91642252

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