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Requirements: Moving Averages. Use the below actual sales to calculate a three-year average which will be used as the forecast for next periods (chapter 14,
Requirements:
- Moving Averages.Use the below actual sales to calculatea three-year averagewhich will be used as the forecast for next periods (chapter 14, text).
- Exponential Smoothing.Use the same data to forecast sales for the next periods with =.40 (chapter 14, text).
- Regression Analysis on Excel. Draw a scatter graph from Insert/Graph/Scatter graph selections in Excel (chapter 15, text).
Month Actual Sales
1 3050
2 2950
3 3670
4 2910
5 3340
6 4060
7 4750
8 5510
9 5280
10 5504
11 5810
12 6100
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