question 2

question 2 - sales in the other two years are each given a...

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Data collected on the yearly demand for 50 pound bags of fertilizer at Wallace Garden Supply are shown in the following table , Develop a three year moving average to forecast sales. Then estimate demand again with a weighted moving average in which sales in the most recent year are given a weight of 2 and
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Unformatted text preview: sales in the other two years are each given a weight of 1. Which method do you think is best? Year Demand for fertilizer (1000s of bags) 1. 4 2. 6 3. 4 4. 5 5. 10 6. 8 7. 7 8. 9 9. 12 10. 14 11. 15...
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