Small business selling lawn mowers has decided to forecast

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Reference no: EM13905455

A small business selling lawn mowers has decided to forecast. Their biggest revenue mower sold 15 units in February, 24 units in March and 28 units in April. Using a three month average, what would they forecast for April? (2 decimal places)

1. A distributor of soda is forecasting their purchases of Diet Birch Cola. Their demand has been:

Jan 36

Feb 41

Mar 37

Apr 55

May 26

Jun 43

Using a six month average, what would they forecast in July (round to the nearest whole number

A big box retailer forecasted 118 units of a big screen TV in their Wallingford store for th emonth of February. They actually sold 123 units. Using exponential smoothing with alpha = .15, what would they forecast for March (round to the nearest whole number).

2. A small business sells lawn furniture. They have four sets. In May, they had the following forecasts and demand:

Set Forecast Demand

A 15 23

B 246 378

C 113 88

D 87 91

What is the WMAPE for this product family? Round to the nearest whole %

Reference no: EM13905455

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Small business selling lawn mowers has decided to forecast : A small business selling lawn mowers has decided to forecast. Their biggest revenue mower sold 15 units in February, 24 units in March and 28 units in April. Using a three month average, what would they forecast for April? (2 decimal places) A distri..

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