Question: Question: a. Forecast next years sales month by month using three months for weighted moving average for the following data. Period 1 2 3 4
Question:
a. Forecast next years sales month by month using three months for weighted moving average for the following data.
Period 1 2 3 4 5 6 7 8 9 10 11 12 Actual 10 12 13 16 19 23 26 30 28 18 16 14 Sales
b. With the aid of practical and mathematical examples, discuss the Queuing Theory.
c. Comment on each of the results.
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