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CASE 4: PROJECTING SALES USING MOVING AVERAGE The sales (In thousands) of a particular beverage of a popular milk tea shop for each quarter of

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CASE 4: PROJECTING SALES USING MOVING AVERAGE The sales (In thousands) of a particular beverage of a popular milk tea shop for each quarter of the following months and trend values were found using moving averages as follows: Year Actual Sales (in thousands) Quarter Trend 4 1 2 4 24 un 8 4 1 8 R S 8 8 8 8 8 20 50 35 40 45 3 4 1 57 2 3. The company uses the additive model and seasonal variations as follows: SV -18 8 8 8 Required: Project the sales for the last quarter of Year 7 and the first quarter of Year 8. State your assumptions. (3 polnts) CASE 4: PROJECTING SALES USING MOVING AVERAGE The sales (In thousands) of a particular beverage of a popular milk tea shop for each quarter of the following months and trend values were found using moving averages as follows: Year Actual Sales (in thousands) Quarter Trend 4 1 2 4 24 un 8 4 1 8 R S 8 8 8 8 8 20 50 35 40 45 3 4 1 57 2 3. The company uses the additive model and seasonal variations as follows: SV -18 8 8 8 Required: Project the sales for the last quarter of Year 7 and the first quarter of Year 8. State your assumptions. (3 polnts)

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