Given the following data, Year t 1 2 3 4 5 6 7 8 9 10...
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Given the following data, Year t 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 Sales 10 17 15 25 14 17 17 30 18 14 19 34 Weight 0,222 0,593 0,185 Sales R '000 a) Compute seasonal indices using a ratio to moving average method. b) Complete the sales decomposition. c) Use seasonality analysis to forecast the sales. d) Using the weights, evaluate the forecasting model. (15) (30) (10) (15) Given the following data, Year t 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 Sales 10 17 15 25 14 17 17 30 18 14 19 34 Weight 0,222 0,593 0,185 Sales R '000 a) Compute seasonal indices using a ratio to moving average method. b) Complete the sales decomposition. c) Use seasonality analysis to forecast the sales. d) Using the weights, evaluate the forecasting model. (15) (30) (10) (15)
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SOLUTION To compute seasonal indices using the ratio to moving average method we need to follow these steps a Compute seasonal indices using the ratio to moving average method Calculate the moving ave... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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