(Solved):
A coffee chain sells temperature-controlled smart mugs at \( \$ 130 \) each. The monthly sales of ...
A coffee chain sells temperature-controlled smart mugs at \( \$ 130 \) each. The monthly sales of migs for the last twelve months in 2019 were: a) Develop a 4-month moving average to forecast each month from May 2019 through January 2020. b) Estimate sales again for May 2019 through January 2020 within a 4-month weighted moving average in which sales in the most recent month are given a weight of 3 and 2 , and sales in the other 2 months are each given a weight of 1 . Please show the work on each step, I want to learn not just the answers please.