Question
The following data represents lawn mower sales at Jennifer's hardware store Using a Moving Average of 4 periods, what would the forecast for Period 9
The following data represents lawn mower sales at Jennifer's hardware store
Using a Moving Average of 4 periods, what would theforecast for Period 9 be?
Using an Exponential Smoothing method with a = .10, what would theforecast for Period 9 be?
What is the MAD for the Exponential Smoothing method be?
| Period | Mowers Sold | Forecast |
| 1 | 180 | 175 |
| 2 | 168 | 176 |
| 3 | 159 | 175 |
| 4 | 175 | 173 |
| 5 | 190 | 173 |
| 6 | 205 | 175 |
| 7 | 180 | |
| 8 | 182 | |
| 9 |
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
978-0137024971
