Jem Company's records show the following sales data for the months January to May, 2022: January...
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Jem Company's records show the following sales data for the months January to May, 2022: January February March April May June July August September October November December Actual Sales Volume 8,500 9,000 7,000 6,500 6,000 Sales Forecast Required: Use the above data to forecast Jem Company's sales for the months June to December, 2022 using the weighted moving average method. The company considers the preceding 4 months to forecast the sales and applies the factors .1, 2, 3, 4 from the oldest to the most recent month. Jem Company's records show the following sales data for the months January to May, 2022: January February March April May June July August September October November December Actual Sales Volume 8,500 9,000 7,000 6,500 6,000 Sales Forecast Required: Use the above data to forecast Jem Company's sales for the months June to December, 2022 using the weighted moving average method. The company considers the preceding 4 months to forecast the sales and applies the factors .1, 2, 3, 4 from the oldest to the most recent month.
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Posted Date:
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