Sales of cool-man air conditioners, Managerial Accounting

Sales of Cool-Man air conditioners have increase steadily during the past five years:

Year    Sales
1        450
2        495
3        518
4        563
5        584
6          ?

The sales manager had predicted, before the business started, that year 1's sales would be 410 air conditioners. Using exponential smoothing with a weight of  = 0.30, develop forecasts for years 2 through 6

Posted Date: 3/21/2013 2:04:04 AM | Location : United States

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