Forecast sales for next six months using forecasting method

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Reference no: EM131316355

Given the time series y_t, t = 1,..., 42, reported in Table 1, it is assumed that yt = 0, for t = 4, 5, 6, 16, 17, 18, 28, 29, 30, 40, 41, 42. Determine p₄₂(τ ), τ = 1,..., 6, using, if it is necessary, the same forecasting method selected in Problem.

Problem :-

Mitsumishi is a Korean company whose number of M5 light trucks sold during the last 42 months is reported in Table 1. The company invested significant financial resources in promotion, and the M5 sales increased in some months, as shown in Table 2.

(a) Forecast sales for the next six months using an appropriate forecasting method.

(b) Plot a control chart. Are you able to detect any anomalies?

745_Tab 3.jpg

1574_Tab 2.jpg

Reference no: EM131316355

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