The owner of Darkest Tans Unlimited in a local mall is forecasting this month’s

Question: The owner of Darkest Tans Unlimited in a local mall is forecasting this month’s (October’s) demand for the one new tanning booth based on the following historical data: Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160 What is this month’s forecast using a four-month weighted moving average with weights of 0.4, 0.3.0.2. andSee the answerSee the answerSee the answer done loadingShow transcribed image text 100% (1 rating)October’s forecast = 0.4*actual…View the full answerTranscribed image text: The owner of Darkest Tans Unlimited in a local mall is forecasting this month’s (October’s) demand for the one new tanning booth based on the following historical data: Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160 What is this month’s forecast using a four-month weighted moving average with weights of 0.4, 0.3.0.2. and 0.1?