Weighted Moving Average Forecast

Compute the sales forecast for the month of SEP $2024$ using the Weighted Moving Average forecasting technique and the last $3$ months of data with the following monthly weights:

Weights: $0\mathrm{.}60$ for the previous month, $0\mathrm{.}30$ for $2$ months prior, $0\mathrm{.}10$ for $3$ months prior

Monthly sales for the RUOK Company are as follows:

$196,242$ ONLY SUBMIT NUMBER ANSWERS$($NO TEXT$).$

Weighted Moving Average Forecast

Weights: $0\mathrm{.}40$ for the previous month, $0\mathrm{.}30$ for $2$ months prior, $0\mathrm{.}15$ for $3$ months prior, $0\mathrm{.}05$ for $4$ months prior, $0\mathrm{.}05$ for $5$ months prior, and $0\mathrm{.}05$ for $6$ months prior.

Monthly sales for the RUOK Company are as follows:

$\backslash$table$[[$MONTH$,$ACTUAL SALES$],[$SEP $2023,420,705],[$OCT $2023,349,650],[$NOV $2023,234,675],[$DEC $2023,189,135],[$JAN $2024,52,380],[$FEB $2024,367,200],[$MAR $2024,50,940],[$APR $2024,125,550],[$MAY $2024,171,810],[$JUN $2024,221,460],[$JUL $2024,101,340],[$AUG $2024,239,490]]$

$\begin{array}{cc}\text{M}\text{O}\text{N}\text{T}\text{H}& \text{F}\text{O}\text{R}\text{E}\text{C}\text{A}\text{S}\text{T}\\ \text{S}\text{E}\text{P}2024& ???\end{array}$

Type your answer... ONLY SUBMIT NUMBER ANSWERS $($NO TEXT$).$

Mean Absolute Deviation $($MAD$)$

Calculate the Mean Absolute Deviation $($MAD$)$ using the following data.

Type your answer...ONLY SUBMIT NUMBER ANSWERS $($NO TEXT$).$

simple Moving Average Forecast

Compute the sales forecast for the month of SEP $2024$ using the Simple Moving Average forecasting technique and the last $6$ months of data.

Monthly sales for the RUOK Company are as follows:

Type your answer...GIVLI SUDIVIIT IVUIVIDEE AIVSVVERS $($IVU IEAI$).$

Simple Moving Average Forecast

Compute the sales forecast for the month of SEP $2024$ using the Simple Moving Average forecasting technique and the last $12$ months of data.

Monthly sales for the RUOK Company are as follows:

$210,378$