Question
PLEASE USE EXCEL/SHOW STEPS ON EXCEL TABLE 1 SALES FIGURES Month 1993 1994 1995 1996 1997 1998 1999 2000 2001 January 139.7 165.1 177.8 228.6
PLEASE USE EXCEL/SHOW STEPS ON EXCEL
TABLE 1 |
| SALES FIGURES |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
Month | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 |
January | 139.7 | 165.1 | 177.8 | 228.6 | 266.7 | 431.8 | 381 | 431.8 | 495.3 |
February | 114.3 | 177.8 | 203.2 | 254 | 317.5 | 457.2 | 406.4 | 444.5 | 533.4 |
March | 101.6 | 177.8 | 228.6 | 266.7 | 368.3 | 457.2 | 431.8 | 495.3 | 635 |
April | 152.4 | 203.2 | 279.4 | 342.9 | 431.8 | 482.6 | 457.2 | 533.4 | 673.1 |
May | 215.9 | 241.3 | 317.5 | 355.6 | 457.2 | 533.4 | 495.3 | 558.8 | 749.3 |
June | 228.6 | 279.4 | 330.2 | 406.4 | 571.5 | 622.3 | 584.2 | 647.7 | 812.8 |
July | 215.9 | 292.1 | 368.3 | 444.5 | 546.1 | 660.4 | 609.6 | 673.1 | 800.1 |
August | 190.5 | 317.5 | 355.6 | 431.8 | 482.6 | 520.7 | 558.8 | 660.4 | 736.6 |
September | 177.8 | 203.2 | 241.3 | 330.2 | 431.8 | 508 | 508 | 609.6 | 685.8 |
October | 139.7 | 177.8 | 215.9 | 330.2 | 406.4 | 482.6 | 495.3 | 584.2 | 635 |
November | 139.7 | 165.1 | 215.9 | 304.8 | 393.7 | 457.2 | 444.5 | 520.7 | 622.3 |
December | 152.4 | 177.8 | 203.2 | 292.1 | 406.4 | 431.8 | 419.1 | 482.6 | 622.3 |
For the following data set below: 1) USE THE Weighted Moving Averages in forecasting this data. 2) Write a brief (no more than 12 page) explanation of why you chose the method you did - observations about the data and characteristics of the chosen methodology. 3) Generate a forecast for 2002. Show the spreadsheet(s) you used to build the model. Annotate briefly to explain your methodology
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