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1. United Dairies, lnc.. supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the
1. United Dairies, lnc.. supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the number of half gallons of milk sold per week. Sales data for the past 12 weeks are: 29m 11 32cc mun-b 3050 12 315:; 3. Construct a time series plot. What type of pattern exists in the data? b. Compare a twowveek moving average forecast with an exponential smoothing forecast for u = 0.4, which provides the better forecasts using MSE as the measure of model accuracy? o. Create a linear trend projection model to make a sales forecast and evaluate the accuracy of the sales forecast. d. Based on the results. which is the best forecasting model to he used to forecast the 13th week sales
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