Find the five-month moving average of the sales of soaps for this year.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Find the five-month moving average of the sales of soaps for this year.
Absolute
Absolute
No. of
Soaps Sold
Forecast
Error
Value of
Forecast
Error
Squared
Forecast
Percentage
Error
Value of
Month
Forecast
Percentage
Error
Error
January
February
999
1,000
800
March
April
May
June
950
899
858
July
August
September
978
1,001
879
October
900
November
915
December
998
Transcribed Image Text:Absolute Absolute No. of Soaps Sold Forecast Error Value of Forecast Error Squared Forecast Percentage Error Value of Month Forecast Percentage Error Error January February 999 1,000 800 March April May June 950 899 858 July August September 978 1,001 879 October 900 November 915 December 998
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