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Shepherd Dairies, Inc., supplies milk to several independent grocers throughout Jefferson County, West Virginia. Managers at Shepherd Dairies want to develop a forecast of the
Shepherd Dairies, Inc., supplies milk to several independent grocers throughout Jefferson County, West Virginia. Managers at Shepherd Dairies want to develop a forecast of the number of half gallons of milk sold per week. Sales data for the past weeks are in the Lab dataset. Your task is the following:a Construct a time series plot. What type of pattern exists in the data?b Use exponential smoothing with a damping factor of to develop a forecast of demand for week
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