15 Daily sales volume for Nilgiris Convenience Store is shown in the following table: WEEK SALES WEEK
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15 Daily sales volume for Nilgiris Convenience Store is shown in the following table:
WEEK SALES WEEK SALES 1 22 7 24 2 27 8 25 3 30 9 22 4 21 10 30 5 33 11 38 6 28 12 37 YEAR SALES 1 480 2 525 3 548 4 593 5 614 DAY SALES DAY SALES 1 $622 6 $656 2 $418 7 $689 3 $608 8 $675 4 $752 9 $706 5 $588 10 $725 WEEK NUMBER SOLD WEEK NUMBER SOLD 1 22 7 28 2 26 8 26 3 23 9 29 4 27 10 29 5 21 11 27 6 25 12 31 Develop two-day, three-day, and four-day moving averages to forecast the sales for each day. What is the forecast for day 11 in each case?
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Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9781292024196
3rd Edition
Authors: Barry Render
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