Question

John's House of Pancakes uses a weighted moving average method to forecast pancake sales.  It assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and 1 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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