The ABC Floral Shop sold the following number of geraniums during the last 2 weeks: Day Demand Day Demand 1 200 8 150 2 134 9 182 3 157 10 197 4 165 11 136 5 177 12 163 6 125 13 157 7 146 14 169 Develop a spreadsheet to answer the following questions. • Calculate a forecast of the above demand using a 3- and 5-period moving average. • Graph these forecasts and the original data using Excel. What does the graph show? • Which of the above forecasts is best? Why?
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