Predict the sales for 2024 using the moving average methodPredict the sales for 2024 using the moving average method. You noticed a sudden jump in sales for 2020. After inquiring about this jump, you were notified by your manager about a one-time special order sale for $30,000 in that year that is ...
Predict the sales for 2024 using the moving average method. You noticed a
sudden jump in sales for 2020. After inquiring about this jump, you were
notified by your manager about a one-time special order sale for $30,000 in that
year that is not likely to be repeated. What revision, if any, would you make in
the sales information used for projection? If you revised your historical sales to
be used to project 2024 sales, please recalculate your projection using the
moving average method. Which projection (Question 1 or Question 3) do you
feel is more representative of the Simpson's Corporation's historical sales?
Why? Please complete the remaining questions using the revised historical data.
Predict the 2024 sales using exponential smoothing. Predict the 2024 using a
trend line technique using (GROWTH function in Excel). Predict the sales for
2024 using a graphing technique. It has been suggested that sales for the
company may be connected to disposable income. Using the information below
regarding historical disposable income, predict the sales for 2024 using
regression analysis if a reliable prediction for disposable income for 2024 is
$42,400. Year Disposable Income 2017 $36,000 2018 $37,236 2019 $38,198
2020 $48,906 2021 $49,812 2022 $40,776
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