(See Steps) Data collected on the yearly demand for SO-pound bags of fertilizer at Wallace Garden Supply are shown in the following table. Develop a three-year


Question: Data collected on the yearly demand for SO-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 sales in the other two years are each given a weight of 1. Which method do you think is best?

Year Demand for fertilized (1000's of bags)
1 4
2 6
3 4
4 5
5 10
6 8
7 7
8 9
9 12
10 14
11 15

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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