Question 1 of 30
A consumer goods company is analyzing its sales data to forecast demand for a new product line. They have collected monthly sales data for the past two years and are considering using a weighted moving average method for their forecast. If the sales for the last six months were 120, 150, 180, 200, 220, and 250 units, with weights assigned as follows: 1 for the oldest month, 2 for the second oldest, 3 for the third oldest, 4 for the fourth oldest, 5 for the fifth oldest, and 6 for the most recent month, what would be the forecasted demand for the next month using this method?
232 units
210 units
245 units
220 units

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