Consider the following actual data for sales during the 12 months of 2012. Month Actual Sales Three-Month

Question:

Consider the following actual data for sales during the 12 months of 2012.

Month Actual Sales Three-Month Moving Average MAD1 MAD2 January 71,290 February 70,912 March 62,540 April 64,258 May 68,912 June 70,512 July 72,436 August 70,887 September 68,500 October 64,312 November 61,850 December 66,275

(a) Fill in the third column of 3-month moving average.

(b) Calculate the forecast value of sales in January of 2013.

(c) Calculate the forecast value of sales in February 2013 if January sales turn out to be 70,937.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Economics A Mathematical Approach

ISBN: 9781118091364

1st Edition

Authors: M. J. Alhabeeb, L. J. Moffitt

See More Books

Question Posted: Oct 05, 2024 05:00 AM

See More Questions

Hello, I need help with the highlighted questions(I, J, and K). Also, can you please explain how you completed the regression part. The assignment is Week 5 assignment. The other documents are from...
1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...
I need help with the rest of the homework. Please do not add or delete columns or rows. Please do not change font, or color unless instructed. Assignm Please do not (otherwise you will jeopardize the...
In a 2 to 3 body page paper (excluding reference page) provide your determination and analysis of Case below (from End of Chapter 5, Waldman & OReilly, 2020). You are a manager of a regional...
The major concept of HRM is to a best-in-practice organization that demonstrates a role model for another organizations or companies. There are two steps. The first is to select an important HR...
Our cat, Fred, has convinced me that I should set up an account that will assure him of his Meow Mix for the next 4 years. I will deposit an amount P today that will permit Fred to make...
Consider the following actual data for sales during the 12 months of 2012. Month Actual Sales Three-Month Moving Average MAD1 MAD2 January 71,290 February 70,912 March 62,540 April 64,258 May 68,912...
A company should determine cost for inventory purposes by the inventory cost flow method most clearly reflecting its periodic income. Required 1. Explain the fundamental cost flow assumptions of the...
On 21stFeb, you sold 800 shares of Ace stock for $24,000. The sale was a short sale with an initial margin requirement of 70 percent. The maintenance margin is 40 percent. On 23rdFeb, some positive...
Explain the econometric method of forecasting and describe the process from specifying the econometric equation to having the final results of forecasted variables. How would you rank the econometric...
Use the data in question 6 to calculate 5-month weighted moving average to obtain the forecast value of sales in January 2013 if the last 5 months of 2012 are weighted by 0.12, 0.17, 0.15, 0.21,...
Distinguish between OASDI programs and workers compensation programs.
The term debit, as it is used when recording a journal entry, refers to the left side of the account True Fale
If you want to be a Decision Observer, what should you do? Select an answer: Make sure decision teams have had bias training. Be excited and empowered to guide the decision process. Take the...
Linda owns a backhoe and does small, residential construction jobs. She doesn't have any employees, wants to expand her little company and decides she could use a small bulldozer but didn't want to...
Claim amounts from a portfolio have the distribution with PDF f(x) = 2cxex, x0. An individual excess of loss reinsurance arrangement with retention limit M = 3 is in force. A sample of the...
Your Selective Placement Program Coordinators (SPPCs) can help with all of the following EXCEPT: a. Helping applicants with disabilities navigate the hiring process. b. Using Schedule A or other...
When it is 145 m above the ground, a rocket traveling vertically upward at a constant 8.50 m/s relative to the ground launches a secondary rocket a! a speed of 12.0 m/s at an angle of 53.0 above the...
Repeat the previous problem, but close the positions on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify...

Consider the following actual data for sales during the 12 months of 2012. Month Actual Sales Three-Month

Question:

Step by Step Answer:

Managerial Economics A Mathematical Approach

Students also viewed these Business questions