Essay
Valentine's Day is the best day of the year for selling roses at River Road Florist. Dozens of roses sold on Valentine's Day over six years are as follows: 
a.What is the forecast for Valentine's Day in 2011 using a 3-period moving average?
b.What is the forecast for Valentine's Day in 2011 using a 5-period moving average?
c.What is the MAD for years 2008-2010 using a 3-period moving average?
d.What is the tracking signal for years 2008-2010 using a 3-period moving average?
Correct Answer:
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a.F(2011) = (114 + 104 + 100)/3 = 106.00...View Answer
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Correct Answer:
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