Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month Sales ($) April 17,000 May 18,000 June 19,500 July 22,000 August 21,000 September 23,000 You are required to; Using linear trend equation forecast the sales of face masks for October 2020. b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5.
Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month Sales ($) April 17,000 May 18,000 June 19,500 July 22,000 August 21,000 September 23,000 You are required to; Using linear trend equation forecast the sales of face masks for October 2020. b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![Amex PLC has gathered following information on the sales of face mask from April 2020 to
September 2020.
Month
Sales ($)
April
17,000
May
18,000
June
19,500
July
22,000
August
21,000
September
23,000
You are required to;
a. Using linear trend equation forecast the sales of face masks for October 2020.
b. Calculate the forecasted sales difference if you use 3-period weighted moving average
designed with the following weights: July 0.2, August 0.3 and September 0.5.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff835134e-32e9-4c69-9585-c06596045d6e%2Fd97d1d15-6d65-49b2-a288-7f96284bbd09%2Flikj4u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Amex PLC has gathered following information on the sales of face mask from April 2020 to
September 2020.
Month
Sales ($)
April
17,000
May
18,000
June
19,500
July
22,000
August
21,000
September
23,000
You are required to;
a. Using linear trend equation forecast the sales of face masks for October 2020.
b. Calculate the forecasted sales difference if you use 3-period weighted moving average
designed with the following weights: July 0.2, August 0.3 and September 0.5.
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