question 2

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

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online