(Steps Shown) The manager of the Carpet City outlet needs to make an accurate forecast of the demand fi Shag carpet (its biggest seller). If the manager
Question: The manager of the Carpet City outlet needs to make an accurate forecast of the demand fi Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpe customers will buy their carpet from one of Carpet City's many competitors. The manager has selected the following demand data for the past 8 months:
| Month | Demand |
| 1 | 8 |
| 2 | 12 |
| 3 | 7 |
| 4 | 9 |
| 5 | 15 |
| 6 | 11 |
| 7 | 10 |
| 8 | 12 |
- Compute a 3-month moving average forecast for months 4 through 9 .
- Compute a weighted 3-month moving average forecast for months 4 through 9. Assign weights of .55, .33, and .12 to the months in sequence, starting with the most recent month.
- Compare the two forecasts by using MAD. Which forecast appears to be more accurate?
Deliverable: Word Document 
![[See Solution] Evaluate the exponential equation for](/images/solutions/MC-solution-library-60568.jpg "[See Solution] Evaluate the exponential equation for three positive")
[See Solution] Evaluate the exponential equation for three positive
[See] Solve the equation:
![[Step-by-Step] Solve. Where appropriate , include approximations](/images/solutions/MC-solution-library-60570.jpg "[Step-by-Step] Solve. Where appropriate , include approximations")
[Step-by-Step] Solve. Where appropriate , include approximations
(See Steps) Solve. Where appropriate , include approximations to
![[Steps Shown] Solve. Where appropriate , include](/images/solutions/MC-solution-library-60572.jpg "[Steps Shown] Solve. Where appropriate , include approximations")
[Steps Shown] Solve. Where appropriate , include approximations
What are Rare Events? When do we Consider and Event to be Unusual? - MathCracker.com