The monthly demand of a company is showed below, please use the static method to forecast the demand for Year 6. Sales Year 1 Year 2 Year 3 Year 4 Year 5 JAN 2,000 3,000 2,000 5,000 5,000 FEB 3,000 4,000 5,000 4,000 2,000 MAR 3,000 3,000 5,000 4,000 3,000 APR 3,000 5,000 3,000 2,000 2,000 MAY 4,000 5,000 4,000 5,000 7,000 JUN 6,000 8,000 6,000 7,000 6,000 JUL 7,000 3,000 7,000 10,000 8,000 AUG 6,000 8,000 10,000 14,000 10,000 SEP 10,000 12,000 15,000 16,000 20,000 OCT 12,000 12,000 15,000 16,000 20,000 NOV 14,000 16,000 18,000 20,000 22,000 DEC 8,000 10,000 8,000 12,000 8,000 Total 78,000 89,000 98,000 115,000 113,000
The monthly demand of a company is showed below, please use the static method to forecast the demand for Year 6. Sales Year 1 Year 2 Year 3 Year 4 Year 5 JAN 2,000 3,000 2,000 5,000 5,000 FEB 3,000 4,000 5,000 4,000 2,000 MAR 3,000 3,000 5,000 4,000 3,000 APR 3,000 5,000 3,000 2,000 2,000 MAY 4,000 5,000 4,000 5,000 7,000 JUN 6,000 8,000 6,000 7,000 6,000 JUL 7,000 3,000 7,000 10,000 8,000 AUG 6,000 8,000 10,000 14,000 10,000 SEP 10,000 12,000 15,000 16,000 20,000 OCT 12,000 12,000 15,000 16,000 20,000 NOV 14,000 16,000 18,000 20,000 22,000 DEC 8,000 10,000 8,000 12,000 8,000 Total 78,000 89,000 98,000 115,000 113,000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
The monthly demand of a company is showed below, please use the static method to
demand for Year 6.
Sales Year 1 Year 2 Year 3 Year 4 Year 5
JAN 2,000 3,000 2,000 5,000 5,000
FEB 3,000 4,000 5,000 4,000 2,000
MAR 3,000 3,000 5,000 4,000 3,000
APR 3,000 5,000 3,000 2,000 2,000
MAY 4,000 5,000 4,000 5,000 7,000
JUN 6,000 8,000 6,000 7,000 6,000
JUL 7,000 3,000 7,000 10,000 8,000
AUG 6,000 8,000 10,000 14,000 10,000
SEP 10,000 12,000 15,000 16,000 20,000
OCT 12,000 12,000 15,000 16,000 20,000
NOV 14,000 16,000 18,000 20,000 22,000
DEC 8,000 10,000 8,000 12,000 8,000
Total 78,000 89,000 98,000 115,000 113,000
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