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The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet (its biggest seller). If the
The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft
Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customers will buy their carpet from one of Carpet Citys many competitors. The manager has collected the following demand data for the past 8 months:
Compute a 3-month moving average forecast for months 9.
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