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Forecasting Demand
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A 4 page paper comparing the graphs of raw sales data and three- and five-day moving averages of that data. ABC Floral Shop has data on the number of geraniums it sold over a two-week period and wishes to use that data to forecast demand for other periods. It chooses to assess demand in terms of a moving average, beginning its assessment with a three-day and five-day moving average using its original two-week data. The paper concludes that the three-day interval provides the most accurate forecast. Bibliography lists 3 sources.
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Pages:
4
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Filename:CC6_KSstatDemand.rtf |
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Paper Title:
Forecasting Demand
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