Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Month Sales JAN 45 FEB 43 MAR 106 APR 157 MAY 92 JUN 61 Using the above historical sales data, what would be the July
Month | Sales |
JAN | 45 |
FEB | 43 |
MAR | 106 |
APR | 157 |
MAY | 92 |
JUN | 61 |
Using the above historical sales data, what would be the July forecast (rounding to the nearest whole number) using a weighted average of T-1 = 0.5, T-2 = 0.3, and T-3 = 0.2?
A. 84
B. 95
C. 69
D. 90
E. 109
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started