Question
Youve been asked to use the following historical sales information to forecast next years sales for Worldwide Widget Manufacturing, Inc. The actual sales for 2016
Youve been asked to use the following historical sales information to forecast next years sales for Worldwide Widget Manufacturing, Inc. The actual sales for 2016 were $1,950,000.
| Year | Sales |
| 2011 | $1,750,000 |
| 2012 | $2,000,000 |
| 2013 | $1,350,000 |
| 2014 | $2,250,000 |
| 2015 | $1,800,000 |
What would be the MAPE according to the nave approach and the average sales approach?
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ABC Finance Coloring Book Familys First Financial Literacy Book
Authors: Jason Conger
1st Edition
1955961026, 978-1955961028
