Ms. Winnie Lynn's company sells computers monthly sales for a six-month period are as follows.
a.) Plot the monthly data
b.) Compute the sales forecast for July using the following approaches:
1.) 4 month moving average,
2.) A weighted three-month moving average (using .5 for June and .3 for May and .2 for April)
3.) A linear trend equation, simple exponential moving with smoothing constant equal to.4 and assuming February forecast of 18,000
c.) Which method do you think is least appropriate? Why?© BrainMass Inc. brainmass.com October 10, 2019, 4:31 am ad1c9bdddf
The is a forecasting problem concerning a company that sells computers. Forecasting methods used are four (4) month moving average, a weighted three-month moving average, linear trend equation, and a simple exponential moving with smoothing constant.