User Account

All Pages

Construct a time series plot

Assignment Help Business Management
Reference no: EM131367569

Consider the following set of time series sales data for a growing company over the past 7 months:

Month

Sales

1

15

2

13

3

18

4

22

5

20

6

23

7

22

1. Construct a time series plot. What type of pattern exists?

2. Develop a forecast for the next month using the naïve last-value method.

3. Develop a forecast for the next month using the averaging method.

4. Develop a forecast for the next month using a three-week moving average method.

5. Use the Excel Functions SLOPE and INTERCEPT to write the linear regression prediction equation with Months as the independent variable and sales as the dependent variable.

6. Use the prediction equation to estimate the number of sales in month 8.

Reference no: EM131367569

Questions Cloud

Establish a scan chain using d flip-flops and muxes : Redraw the circuit of Figure 1-22 to establish a scan chain using D flip-flops and muxes. A test signal (T) should control the muxes.
Restaurant for the position of general manager : You are interviewing at a local restaurant for the position of general manager (GM). Sales have been falling for the last several months, and employee turnover has nearly doubled.
The practices of effective managerial coaches : According to “The Practices of Effective Managerial Coaches,” the higher a manager rises in an organization, If you remember from our Strategic Design Lens, part of making an organization effective is make sure that the goals, strategies, structures,..
What is the justification for the use of women specifically : Kahira Saadi, a mother of four, was found guilty of a suicide attack where three people died (one pregnant woman was among the dead; she had just returned from an ultrasound appointment) and 80 were injured. Kahira was given three life sentences a..
Construct a time series plot : 1. Construct a time series plot. What type of pattern exists? 2. Develop a forecast for the next month using the naïve last-value method. 3. Develop a forecast for the next month using the averaging method.
How was equal education defined in the mendez case : Mendez v. Westminster was decided in 1946, almost ten years before Brown v. Board of Education which led to national desegregation of schools. How did the court interpret the facts of the case as violating the 14th Amendment? How was equal educati..
Recommend to the manufacture to made coca-cola life : You work in a Coca-Cola manufacture where is used lean production. Coca-Cola Life is going to be start being produced in that manufacture (the ingredients are carbonated water, cane sugar, caramel color, caffeine, phosphoric acid, and stevia). Which ..
Discuss about the wrongful convictions : Discuss about the Wrongful Convictions.
Draw a block diagram showing the flip-flops muxes and so on : Then give the logic equations or connections for each flip-flop D input, each CE (clock enable), and each MUX control input.

Reviews

Write a Review

Business Management Questions & Answers

  Creating the federal reserve system

What was the purpose of creating the Federal Reserve System?

  Question related to organizational culture

Explain what are your most significant discoveries about metaphors to your daily communications as they relate to organization's culture?

  Effectiveness in multinational companies

Explain the leadership traits and behaviors you think may negatively impact organizational effectiveness in multinational companies.

  Approach of archie carroll-approach of milton friedman

In a page, explain the difference between the approach of Archie Carroll and the approach of Milton Friedman to the responsibilities of business.

  Major data warehouse implementation project

Your organization has just kicked off a major data warehouse implementation project. It is early in the planning stage when you are approached by your supervisor to address some immediate reporting and analysis requirements of the Marketing depart..

  Organizaional behavior-information

Show the primary differences between face-to-face and virtual teams. Explain why the Aberdeen model can or cannot be implemented in other organizations that rely heavily on virtual teams.

  How do our texts support or contrast with your experience

Reflect on leaders you have had in the past (or have now) or leaders from history you most admire who have demonstrated elements of transformational leadership. Next, answer the following questions: What leader did you select, and why? What qualities..

  Job analysis first and then human resource planning

Some organizations do thorough job analysis first and then human resource planning as part of a restructuring process. What approach makes more sense to you and why?

  Economic order quantitytax preparers inc works 250 days per

economic order quantitytax preparers inc. works 250 days per year. the company uses adding machine tape at a rate of

  Describe the need to manage project scope

Describe the need to manage project scope throughout a project's life cycle to provide closure to a properly executed project.

  Business information system

Business Information System

  Should wang take the quantity discount

If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd