b) Below are the no of customers, visiting a local Tesco Express, in the first week of holiday season. The store manager would like to avoid stock out in the busy period. Provide forecast of sales on Saturday next week, using 3 point moving average and seasonal variation. Assume same seasonal variation next period. 3 Point Moving Seasonal Week days Customers Average Variation Monday Tuesday Wednesday Thursday Friday Saturday Sunday (i) (ii) 1,525 1,352 1,250 1,400 1,515 1,815 1,750 Calculate daily trend, all rounded to units Calculate sales value trend in next Saturday, all rounded to units
b) Below are the no of customers, visiting a local Tesco Express, in the first week of holiday season. The store manager would like to avoid stock out in the busy period. Provide forecast of sales on Saturday next week, using 3 point moving average and seasonal variation. Assume same seasonal variation next period. 3 Point Moving Seasonal Week days Customers Average Variation Monday Tuesday Wednesday Thursday Friday Saturday Sunday (i) (ii) 1,525 1,352 1,250 1,400 1,515 1,815 1,750 Calculate daily trend, all rounded to units Calculate sales value trend in next Saturday, all rounded to units
MATLAB: An Introduction with Applications
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Author:Amos Gilat
Publisher:Amos Gilat
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Related questions
Question
![b) Below are the no of customers, visiting a local Tesco Express, in the first week of
holiday season. The store manager would like to avoid stock out in the busy period.
Provide forecast of sales on Saturday next week, using 3 point moving average and
seasonal variation. Assume same seasonal variation next period.
3 Point
Moving Seasonal
Week days Customers Average Variation
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
(i)
(ii)
1,525
1,352
1,250
1,400
1,515
1,815
1,750
Calculate daily trend, all rounded to units
Calculate sales value trend in next turday, all rounded to units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fabf55ace-f25f-4ed3-8bbd-cdd3b36af367%2Fada7da2c-438d-4417-8753-a8e3f95ad2a5%2Ft5yogsp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:b) Below are the no of customers, visiting a local Tesco Express, in the first week of
holiday season. The store manager would like to avoid stock out in the busy period.
Provide forecast of sales on Saturday next week, using 3 point moving average and
seasonal variation. Assume same seasonal variation next period.
3 Point
Moving Seasonal
Week days Customers Average Variation
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
(i)
(ii)
1,525
1,352
1,250
1,400
1,515
1,815
1,750
Calculate daily trend, all rounded to units
Calculate sales value trend in next turday, all rounded to units
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
Step 1: Write the given information
Given the data of the number of customers, visiting a local Tesco Express, in the first week of the holiday season as
Weekdays | Customers |
Monday | 1525 |
Tuesday | 1352 |
Wednesday | 1250 |
Thursday | 1400 |
Friday | 1515 |
Saturday | 1815 |
Sunday | 1750 |
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