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Predict the sales for using the moving average method

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Reference no: EM131790471

Question - The Schonlind Company has gathered information regarding past sales:

Year

Sales

1999

$300,000

2000

225,000

2001

325,000

2002

650,000

2003

540,000

2004

675,000

2005

825,000

Required: Predict the sales for 2006 using the moving average method.

NOTE: It is expected that this problem will be completed using an Excel spreadsheet using formulas.

Reference no: EM131790471

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