Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020. YearSales ($ 000)201545002016510020174900201854002019567020206000 You are required to;Using linear trend equation forecast the sales revenue of Anita Limited for 2021.Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: 2018 (0.1), 2019 (0.3) and 2020(0.6).

Answered: Anita Limited has shared their annual…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020.

Year	Sales ($ 000)
2015	4500
2016	5100
2017	4900
2018	5400
2019	5670
2020	6000

You are required to;

Using linear trend equation forecast the sales revenue of Anita Limited for 2021.
Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: 2018 (0.1), 2019 (0.3) and 2020(0.6).

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