User Account

All Pages

Construct a time series plot

Assignment Help Business Management
Reference no: EM133089432

Consider the following set of time series sales data for a growing company over the past 8 months:

Month

Sales

1

15

2

14

3

18

4

24

5

20

6

25

7

23

8

20
  1. Construct a time series plot.  What type of pattern exists?
  2. Develop a forecast for the next month using a four-month moving average method.
  3. Develop a forecast for the next month using the averaging method.
  4. Develop a forecast for the next month using the naïve last-value method.
  5. Use the Excel Functions SLOPE and INTERCEPT to write the linear regression prediction equation with Months as the independent variable and sales as the dependent variable.
  6. Use the prediction equation to estimate the number of sales in month 9.

Reference no: EM133089432

Questions Cloud

What is ending inventory using conventional retail method : Determine the cost of the 2020 ending inventory under both (a) the conventional retail method and (b) the LIFO retail method
Identify procedures for keeping storage areas clean : Identify four practices/procedures for keeping storage areas clean and What are the four potential deficiencies of delivered perishable food items
Queuing system is a single-server : 1) Consider the Pocket Dawg concession at the Saddledome where a single person is taking the order and collecting the money and there are two stations where the
What is emotional intelligence : What is Emotional Intelligence? How can a manager use each of the 4 traits?
Construct a time series plot : Consider the following set of time series sales data for a growing company over the past 8 months:
Corporate entrepreneurship activities : Select a firm known for its corporate entrepreneurship activities. Research company and discuss how it has positioned itself relative to its close competitors
What is common size financial statements : What is common size financial statements? What is their value to case analysis? Answer needs to be at least 325 words and different than the other answers alrea
Find out the long-term goals : What are 2 long-term goals that are task-oriented actions that service users can accomplish and should follow the SMART format of specific, measurable, achievab
Meetings during the entry stage : In initial meetings during the entry stage, clients often want reassurance that the practitioner can address the problem, but the practitioner must try not to o

Reviews

Write a Review

Business Management Questions & Answers

  Result in a strategic advantage for a workplace

How can Selection and recruitment of women in management positions can result in a strategic advantage for a workplace?

  Evaluate potential barriers to contemporary judicial review

Distinguish between procedural and substantive due process. Evaluate potential barriers to contemporary judicial review.

  Annual rate of return of this purchase for us

Assume that part of the US is worth an average of $5,000per acre in 2015. What is the annual rate of return of this purchase for the U.S.?

  Dell computer and hewlett-packard company

Consider two companies Dell Computer and Hewlett-Packard Company, which compete with each other in the personal computer sector

  Case study-intelligent information inc

You work for Intelligent Information Inc, an international firm with more than 200,000 employees in several countries.

  Quality performance data for healthcare organizations

Discuss the organizations involved in public reporting of quality performance data for healthcare organizations.

  Possible combination of walkmans and watch-tvs

Shader's problem is to determine the best possible combination of Walkmans and Watch-TVs to manufacture to reach the maximum profit.

  Which type of lease would produce the lowest risk

Compare and contrast two types of leases and describe the advantages and disadvantages of each. Which type of lease would produce the lowest risk?

  Plaintiff unmistakably saw the wet floor sign

There are essentially two defences the grocery store could use in this situation. Contributory Negligence which is where the plaintiffs own fault aided to the injury. The plaintiff unmistakably saw the wet floor sign also selected to walk across t..

  Impact of a weakened ringgit on malaysia consumer

Discuss the likely impact of a weakened Ringgit on Malaysia consumer.

  Administrative agency decision might be reversed

What are some grounds upon which an administrative agency decision might be reversed?

  Create change and disturbance handler

The need just two Decisional Roles of Entrepreneur: Searching for new business opportunities and initiating new projects to create change and Disturbance handler: Taking corrective action during crises or other conflicts. Need page a half with wor..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd