Question: Simple Moving Average Forecast Compute the sales forecast for the month of SEP 2024 using the Simple Moving Average forecasting technique and the last 12
Simple Moving Average Forecast Compute the sales forecast for the month of SEP 2024 using the Simple Moving Average forecasting technique and the last 12 months of data. Monthly sales for the RUOK Company are as follows: MONTH ACTUAL SALES SEP 2023 420,720 OCT 2023 349,662 NOV 2023 234,675 DEC 2023 189,159 JAN 2024 52,401 FEB 2024 367,215 MAR 2024 50,925 APR 2024 125,586 MAY 2024 171,843 JUN 2024 221,445 JUL 2024 101,358 AUG 2024 239,511
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