Question: Need answer for question 6. Descriptions: Suppose that we are building the home improvement store (e.g. Home Depot like store) at Mexico City for next
Need answer for question 6.

Descriptions: Suppose that we are building the home improvement store (e.g. Home Depot like store) at Mexico City for next year. In addition to the building and the parking lot, we are responsible for the entire store readiness - Socking and employee hiring, training, and marketing. Management obtained the following data for past 10 years including this year. FY FY Current- 9 9. FY current- 8 FY current-7 FY current-6 FY current-5 FY current 4 FY current-3 FY current-2 FY current-1 current 110,000 120,000 125.000 135,000 145,000 162,000 175,000 200,000 250,000 250,200 167;22d Home improvement sales, Mexico City (in 000) Expenditures per household Mexico City (5) 1230 1348 1401 1350 1512 1601 1499 1549 1502 1600 5. Discuss the advantages and disadvantages of the moving average, weighted moving average, and regression analysis methods of forecasting sales. Which method(s) provides the best sales forecast for the next year? (10) 6. Discuss how these sales forecasts can be used to improve planning and operations for this store in Mexico
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