Question: Please calculate using excel calculation methods if possible. A manager recorded the number of gallons of ice cream sold for the past six periods. He
Please calculate using excel calculation methods if possible.
A manager recorded the number of gallons of ice cream sold for the past six periods. He asked you to
choose a forecasting model to predict the demand for gallons of ice cream in Period You consider
applying a threeperiod simple moving average model, and a threeperiod weighted moving average
model with weights of and
a Which model is better for this data set hint: show all your work and calculations using measures of
forecast accuracy points
b What is the forecast of demand for period considering the best model? point
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