Q1) The monthly sales of a retailer company were as follow: Month - Sales February-- 1000 March- 1800 April- -2100 May- 1000 -2048 June- -2600 July- August As a planner, you are required to calculate the Demand Forecast for August.using the Naive.approach

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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Q1) The monthly sales of a retailer company were as follow:
Month
-Sales
February--
March-
1000
1800
April-
-2100
May-
-1000
June-
July--
2048
2600
August
As a planner, you are required to calculate the Demand Forecast for August using the Naive approach
Add your answer
Transcribed Image Text:Question 1 Q1) The monthly sales of a retailer company were as follow: Month -Sales February-- March- 1000 1800 April- -2100 May- -1000 June- July-- 2048 2600 August As a planner, you are required to calculate the Demand Forecast for August using the Naive approach Add your answer
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