Solution-Moving average to forecast sales

Moving average to forecast sales

Assignment Help Finance Basics

Reference no: EM131167521

Data collected on the yearly demand for 50-poundbags of fertilizer at Wallace Garden Supply are shown in the following table. Develop a 3-year moving average to forecast sales. Then estimate demand again with a weighted moving average in which sales in the most recent year are given a weight of 2and sales in the other 2 years are each given a weight of 1. Which method do you think is best?

Years	Bag
1	4
2	6
3	4
4	5
5	10
6	8
7	7
8	9
9	12
10	14
11	15

Reference no: EM131167521

Questions Cloud

New widget machines for which annual cost data : The ABC Co. is considering purchasing a new widget machine. The company interest rate (MARR) is 12%. Which (if either) of the two new widget machines for which annual cost data are available should ABC purchase? Use incremental rate of return analysi..

Key role in regulating global financial markets : Write an evaluation on the following: Government representatives play a key role in regulating global financial markets, financial (e.g., exchange rate), economic, and political risk factors continue to impact international capital markets. For th..

What barriers do women continue to face in education : What differences do you think there are between the way girls and young women view sports today compared to 40 years ago? In effect, has the participation in sports changed women and their role in society?

What is the current labor force participation rate : There is a large body of economic research that concludes that tax cuts are a better and faster way to increase employment than government spending. What are the current U3 an U6 unemployment rates? What is the current Labor Force Participation ra..

Moving average to forecast sales : Data collected on the yearly demand for 50-poundbags of fertilizer at Wallace Garden Supply are shown in the following table. Develop a 3-year moving average to forecast sales.

Discuss the concept of leapfrogging : Discuss the concept of leapfrogging and demonstrate how it differs from absolute convergence.

Administrative indifference-ignoring obvious ethical problem : Describe a corruption continuum with details how organizations can become corrupt through actions of its leaders through the following: -administrative indifference - ignoring obvious ethical problems -creating a hyposcrisy and fear-dominated culture..

Is this statement true or false and explain your choice : "Assuming that all else remains constant, the length of a confidence interval for a population mean increases whenever the confidence level and sample size increase simultaneously."

Describe the appearance of the papillary muscles : Discuss the similarities and differences between the left and right sides of the heart. Compare the structure of the atrioventricular valves to the structure of the semilunar valves. Describe the appearance of the papillary muscles

User Account

All Pages

Moving average to forecast sales

Reference no: EM131167521

Reference no: EM131167521

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT