Question: a) Based on the given monthly sales data, 1 can be said that there is linear trend in saks over tme. b) First co-owner Bob
a) Based on the given monthly sales data, 1 can be said that there is linear trend in saks over tme. b) First co-owner Bob Day wants to forecast by exponental smoothing by intially setting Febinarys forecast equal to January/s sales with a = 0.10. Usrg the forecasting method, Bobs ferecat the month of May is (round your rosponse to two decimal places): Second, co-owner Sherty Smyder wants to forecast using a three-period moving awerage. The forecast for the month of May is (round your response to bwo docimat plicest). c) Astume that May's actual sales figute turw out to be 400 . For the forecaut developed by Bob using exponerital anoothing the makn absolute dentation (MSD) = sales iround rour maponse to tro docimal placest response to two decimal placest) d) Based on the above celculations, the forecast approach used by a) Based on the given monthly sales data, 1 can be said that there is linear trend in saks over tme. b) First co-owner Bob Day wants to forecast by exponental smoothing by intially setting Febinarys forecast equal to January/s sales with a = 0.10. Usrg the forecasting method, Bobs ferecat the month of May is (round your rosponse to two decimal places): Second, co-owner Sherty Smyder wants to forecast using a three-period moving awerage. The forecast for the month of May is (round your response to bwo docimat plicest). c) Astume that May's actual sales figute turw out to be 400 . For the forecaut developed by Bob using exponerital anoothing the makn absolute dentation (MSD) = sales iround rour maponse to tro docimal placest response to two decimal placest) d) Based on the above celculations, the forecast approach used by
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