Assume that your stock of sales merchandise is maintained ba…
Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor’s sales personnel call on the first day of each month, compute your forecast sales by each of the three methods requested here. ACTUAL June 220 July 260 August 300 Using a weighted moving average, what is the forecast for September with weights of 0.25, 0.35, and 0.40 for June, July, and August, respectively?Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Read DetailsActual demand for a product for the past three months was: …
Actual demand for a product for the past three months was: Three months ago 420 units Two months ago 390 units Last month 360 units Using a simple three-month moving average, make a forecast for this month.Note: Round your answer to the nearest whole number.
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