Question: 1) Plot the data and describe what you see. What does it mean and how would you use the information from the plot to help
1) Plot the data and describe what you see. What does it mean and how would you use the information from the plot to help you develop a forecast?
2) Use at least two different methodologies to develop as accurate a forecast as possible for the demand. Use each of those methods to project the next four months' demand.
3) Which method from question 2 is "better"? How do you know that?
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