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Lauren's Beauty Boutique has experienced the following weekly sales: Week Sales XXXXXXXXXX XXXXXXXXXXForecast sales for week 6 using the following methods. (Round answers to 1 decimal place, e.g...

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Lauren's Beauty Boutique has experienced the following weekly sales: Week Sales XXXXXXXXXX XXXXXXXXXXForecast sales for week 6 using the following methods. (Round answers to 1 decimal place, e.g XXXXXXXXXXThe naive method: A simple average: A three period moving average:
Answered 2 days After May 21, 2022

Solution

Prince answered on May 23 2022
101 Votes
Sheet1
    Week    Sales
    1    432
    2    396
    3    415
    4    458
    5    460
    Solution:
    Week 6 - Naïve Method    460.0
    Week 6 - Simple Average    432.2
    Week 6 - 3 period moving average    444.3
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