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The Bull Company has the following historical sales data: Year Sales 2007 $11,000 2008 $18,000 2009 $22,000 Required: Using the Moving Average Method, predict the

The Bull Company has the following historical sales data:

Year       Sales

2007       $11,000

2008       $18,000

2009       $22,000

Required:

  • Using the Moving Average Method, predict the sales for 2010.
  • Using Exponential Smoothing, predict the sales for 2010. Assume that the most recent years are the most representative of future sales.

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