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Year 1 2 3 4 5 6 7 8 9 10 11 Demand For Fertilizer 4 6 4 5 10 8 7 9 12 14 15

Sales of Cool- Man air conditioners have grown steadily during the past five years: YEAR SALES 1 450 2 495 3 518 4 563 5 584 6 ? The sales manager had predicted, before the business started, that year 1’ s sales would be 410 air conditioners. Using exponential smoothing with a weight of = 0.30, develop forecasts for years 2 through 6.5-17 Data collected on the yearly demand for 50-pound bags of fertilizer at Wallace Garden Supply are shown in the table attached. Develop a 3-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 2 years are each given a weight of 1. Which method do you think is best?Demand For Fertilizer464510879121415

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