Question
Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020 You are required to; a. Using
You are required to;
a. Using linear trend equation forecast the sales revenue of Anita Limited for 2021.
b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights:
2018 (0.1),
2019 (0.3) and
2020(0.6).
(note: please provide with the details answer with formulas with clearly explanation )
Year 2015 2016 2017 2018 2019 2020 Sales ($ 000) 4500 5100 4900 5400 5670 6000
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