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Graph the forecasts and the original data

Problem: You sold the following number of flowers during the last two weeks. Calculate a forecast of the demand using a 3 and 5 period moving average. Graph these forecasts and the original data using excel. What does the graph show and which of the above forecasts is best and why.

Day 1 Demand Day Demand

1 200 8 150
2 134 9 182
3 157 10 197
4 165 11 136
5 177 12 163
6 125 13 157
7 146 14 169

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Solution Preview :

Prepared by a verified Expert

Other Subject: Graph the forecasts and the original data

Reference No:- TGS01615545

Have a Question? (oR Write a Review)

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Solution Preview :

Prepared by a verified Expert

Other Subject: Graph the forecasts and the original data

Reference No:- TGS01615545

Recent Questions Asked Other Subject

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