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need help asap LQ2. An ice cream shop has the following sales data: Day Actual Sales (in lbs) 137.1 123.6 UI AD NE 134.9 160.0
need help asap
LQ2. An ice cream shop has the following sales data: Day Actual Sales (in lbs) 137.1 123.6 UI AD NE 134.9 160.0 140.4 LQ2a). Forecast the pounds of ice cream that the shop will sell in Day 6 using a 4-day moving average method. (5 marks). LQ2b). Assume that the actual sales of Day 6 turns out to be 135.0 lbs. Then what is the forecast of sales (in lbs) for Day 7 using a 4-day moving average methodStep by Step Solution
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