The year 2010 XXXXXXXXXXis nearly half over. J.Q. is told to determine how much the firm is likely...

Question

The year 2010 XXXXXXXXXXis nearly half over. J.Q. is told to determine how much the firm is likely to spend for warehousing at each of the eight warehouses for the last six months in XXXXXXXXXX2010. Do his work for him.

David · Accepted Answer

The year 2010 is nearly half over. J.Q. is told to determine how much the firm is likely to 
spend for warehousing at each of the eight warehouses for the last six months in 2010. Do 
his work for him. 
SOLUTION: 
I am believe that the application of simple average forecasting strategy to see the succeeding six 
months of warehouse expenses. The data provided has no price costs for every month; however, 
there are cumulative values during the five months of its operation. We can apply the average 
forecasting strategy in which we can have the average value of price and apply this as my 
forecasted digit on the next period. The table below will show the forecasting of every 
warehouse,

The year 2010 XXXXXXXXXXis nearly half over. J.Q. is told to determine how much the firm is likely to spend for warehousing at each of the eight warehouses for the last six months in XXXXXXXXXX2010....

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