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In: Accounting

Week Covers 1 2,200 2 2,200 3 2,300 4 2,600 5 2,500 6 2,400 This food...

Week Covers

1 2,200
2 2,200
3 2,300
4 2,600

5 2,500
6 2,400

This food operation uses a moving average and a 4-week base period for forecasting sales. The forecast for the upcoming Week 7's volume is:

Solutions

Expert Solution

Week Sales Forecast 2 week average 3 week average 4 week average
1                   2,200
2                   2,200
3                   2,300                      2,200
4                   2,600                      2,250                      2,233
5                   2,500                      2,450                      2,367                      2,325
6                   2,400                      2,550                      2,467                      2,400
Total                      2,450                      2,500                      2,450

Forecast for the Week 7's volume = 2450

ekkarill92 answered 1 year ago
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