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Question The ABC Floral Shop sold the following number of

Resolved Question:

The ABC Floral Shop sold the following number of geraniums during the last two weeks:
Day Demand Day Demand
1 200 8 154
2 134 9 182
3 147 10 197
4 165 11 132
5 183 12 163
6 125 13 157
7 146 14 169
Develop a spreadsheet to answer the following questions.
1. Calculate a forecast of the above demand using a three- and five-period moving average.
2. Graph these forecasts and the original data using Excel. What does the graph show?
3. Which of the above forecasts is best? Why?
Submitted: 8 years ago.
Category: Homework
Expert:  R.R. Jha replied 8 years ago.

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