Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put units, peso sign and any other character such as comma and period.

Direction: Solve the problem. Write your answer in DIGITS only. DO NOT put "units, peso sign and any other character such as comma and period.

A company wants to forecast its sales for July using 5 period weighted moving average. What will be the forecast for July if the actual sales for Feb. are 10,500 , March 10,800 , April 11,300, May 12,000 June 12,700. Given the weight of Feb. .15, Mar. .15, April .15, May .25 and June .30.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

Students also viewed these Accounting questions