Compute the sales forecast for the month of January 2023 using the Simple Moving Average forecasting...
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Compute the sales forecast for the month of January 2023 using the Simple Moving Average forecasting technique and the last 12 months of data from 2022: Monthly sales for the RUOK Company for the last 12 months are as follows: MONTH ACTUAL SALES January 2022 140,240 February 2022 116,554 March 2022 78,225 April 2022 63,053 May 2022 June 2022 17,467 122,405 July 2022 16,975 August 2022 41,862 September 2022 57,281 October 2022 73,815 November 2022 33,786 December 2022 79,837 MONTH January 2023 FORECAST ??,??? Compute the sales forecast for the month of January 2023 using the Simple Moving Average forecasting technique and the last 12 months of data from 2022: Monthly sales for the RUOK Company for the last 12 months are as follows: MONTH ACTUAL SALES January 2022 140,240 February 2022 116,554 March 2022 78,225 April 2022 63,053 May 2022 June 2022 17,467 122,405 July 2022 16,975 August 2022 41,862 September 2022 57,281 October 2022 73,815 November 2022 33,786 December 2022 79,837 MONTH January 2023 FORECAST ??,???
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