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Canton Supplies, Inc., is a service firm that employs approximately 1 0 0 ?people. Because of the necessity of meeting monthly cash obligations, the chief

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Canton Supplies, Inc., is a service firm that
employs approximately 1 0 0 ?people. Because of the
necessity of meeting monthly cash obligations, the
chief financial officer wants to develop a forecast
of monthly cash requirements. Because of a recent
change in equipment and operating policy, only
the past seven months of data are considered
relevant. The change in operations has had a great
impact on cash flow. What forecasting model do
you recommend? Use the Moving Average and
Exponential Smoothing Excel templates or other
Excel tools to help you answer this question.Canton Supplies, Inc., is a service firm that
employs approximately 1 0 0 ?people. Because of the
necessity of meeting monthly cash obligations, the
chief financial officer wants to develop a forecast
of monthly cash requirements. Because of a recent
change in equipment and operating policy, only
the past seven months of data are considered
relevant. The change in operations has had a great
impact on cash flow. What forecasting model do
you recommend? Use the Moving Average and
Exponential Smoothing Excel templates or other
Excel tools to help you answer this question.
image text in transcribed

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