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The actual sales figures for Mkondo Manufacturers are listed in table below: Month Actual Sales Unit - Year 2020 January 15025 February 16550 March 17860
The actual sales figures for Mkondo Manufacturers are listed in table below:
Month | Actual Sales Unit - Year 2020 |
January | 15025 |
February | 16550 |
March | 17860 |
April | 19655 |
May | 13452 |
June | 17890 |
July | 18665 |
August | 22775 |
September | 30980 |
October | 15760 |
November | 19730 |
December | 17950 |
3.1 Calculate the 2021 forecast for Siyafunda Trading using the exponential smoothing forecasting technique with a smoothing constant of 0.2 and forecast for January 2021 sales of 17625 units. (10)
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