Here are the data for the past 21 months for actual sales of a particular product:
Last Year
This Year
January
300
275
February
400
375
March
425
350
April
450
425
May
400
400
June
460
350
July
400
350
August
300
275
September
375
350
October
500
November
550
December
500
Develop a forecast for the fourth quarter using a three-quarter weighted moving average. Weight the most recent quarter .5 the second most recent .25
and the third .25. Do the problem using quarters as opposed to forecasting separate months.