Question: Question 6 : Week 12 Question 2, (7 Marks) Amex PLC has gathered following information on the sales of face mask from April 2020 to

Question 6 : Week 12 Question 2, (7 Marks)

Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020.

Month

April

May

June

July August September

Sales ($)

17,000 18,000 19,500 22,000 21,000 23,000

You are required to;

a. Using linear trend equation forecast the sales of face masks for October 2020.

b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

please solve this problem using these formulas Question 6: Week 12 Question 2, (7 Marks) Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month...

hii this is statistics question solve as Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month Sales ($) April 17,000 May 18,000 June 19,500...

Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month Sales ($) April 17,000 May 18,000 June 19,500 July 22,000 August 21,000 September 23,000...

Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month April May June July August September Sales ($) 17,000 18,000 19,500 22,000 21,000 23,000...

B- What will be the effect on financial statements if an accrued revenue is not recorded at the end of the year? (4 Marks) C- XYZ Company purchased an equipment on July 1, 2015 for $42,000. The...

This question concerns lexical grammars. (a) Tree Adjoining Grammars contain two types of elementary tree. (i) What are these trees called? [1 mark] (ii) If one were building a grammar for English...

Im really struggling with those question. A quickly remind that this not a test or exam, those are revision questions. My VC | The IIE's V X Bb Lecturer Slides - A x 5 Module Options X Module...

In Exercise 3.19, Consumer Reports6 gave the prices and screen sizes for the top 10 LCD TVs in the 46-inch and higher categories. Does the price of an LCD TV depend on the size of the screen? a....

In minute 15.26 a very senior Boeing executive reveals that "...We never informed the pilot about MCAS. We never explained it to them. We never trained them on it, because we never want them to be...

Which of the following is an example of a liquidity ratio? Question 13Answer A. Inventory Turnover B. Debt to Equity C. Return on Investment D. Current ratio

Problem 8 - 2 7 ( Algo ) Accounts receivable financing [ LO 8 - 1 ] Charming Paper Company sells to the 1 2 accounts IIsted here. \ table [ [ , \ table [ [ Receivable Balance ] , [ Outstanding ] ] ,...