A sales manager wants to forecast monthly sales of the machines the company makes using the...
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A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data. Month 12345678 Balance $3,803 $2,558 $3,469 $3,442 $2,682 $3,469 $4,442 $3,728 Use the information in the table above. Forecast the monthly sales of the machine for month 9, using the three-month moving-average method. Use the information in the table above. Use the 3-month weighted moving-average method to calculate the forecast for month 9. The weights are 0.60, 0.30, and 0.10, where 0.60 refers to the most recent demand. A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data. Month 12345678 Balance $3,803 $2,558 $3,469 $3,442 $2,682 $3,469 $4,442 $3,728 Use the information in the table above. Forecast the monthly sales of the machine for month 9, using the three-month moving-average method. Use the information in the table above. Use the 3-month weighted moving-average method to calculate the forecast for month 9. The weights are 0.60, 0.30, and 0.10, where 0.60 refers to the most recent demand.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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