Given the Following Historical Data and Weights of A) 14420
B) 144

Multiple Choice

Given the following historical data and weights of .5, .3, and .2, what is the three-period moving average forecast for period 5? $$\begin{array} { l l l l } \text { Period } & \text { Value } & \text { Period } & \text { Value } \\\hline 1 & 138 & 3 & 148 \\2 & 142 & 4 & 144\end{array}$$

A) 144.20
B) 144.80
C) 144.67
D) 143.00
E) 144.00