Question
Simple Moving Average Forecast Compute the sales forecast for the month of January 2023 using the Simple Moving Average forecasting technique and the last 12
Simple Moving Average Forecast
Compute the sales forecast for the month of January 2023 using the Simple Moving Average forecasting technique and the last 12 months of data from 2022:
Monthly sales for the RUOK Company for the last 12 months are as follows:
MONTH | ACTUAL SALES |
January 2022 | 140,240 |
February 2022 | 116,554 |
March 2022 | 78,225 |
April 2022 | 63,053 |
May 2022 | 17,467 |
June 2022 | 122,405 |
July 2022 | 16,975 |
August 2022 | 41,862 |
September 2022 | 57,281 |
October 2022 | 73,815 |
November 2022 | 33,786 |
December 2022 | 79,837 |
MONTH | FORECAST |
January 2023 | ??,??? |
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
