InKillian Corporation makes hot chocolate mix. Sales follow a seaserly forecasts are in following Table.Year201920202021QиarterSpring100150200Summer250300350Fall150200250Winter50100150ks) Forecast the sales for the spring of 2022.ks) Forecast the sales for the Summer of 2023.

Forecast for the sales for the spring of 2022 is calculated as, FS22 = 100+150+200÷3 = 150…

Answered: Killian Corporation makes hot chocolate…

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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Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months. The forecasts and actual sales are as follows:
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IMTAC a market leader in the production of heavy lathe machinery. The sales over the past 10 months are shown below. Month Actual Sales (units) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 78 65 90 71 80 91 84 60 75 80 (i) Forecast demand for the month 11 using a weight of 0.5 for the most recent data, 0.3 for the next and 0.2 for the oldest. (ii) If an actual sale during the month 11 is 60, forecast demand for the month of l12 using exponential smoothing method.

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Killian Corporation makes hot chocolate erly forecasts are in following Table. Year 2019 2020 2021 Quarter Spring 100 150 200 Summer 250 300 350 Fall 150 200 250 Winter 50 100 150 ks) Forecast the sales for the spring of 2022. s) Forecast the sales for the Summer of 2023.