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The ABC Company Sells Computers

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The ABC Company sells computers. Monthly sales for a six-month period are as follows:
The ABC Company sells computers. Monthly sales for a six-month period are as follows:    Compute the sales forecast for July using the following approaches: a. Mean b. Four month simple moving average c. Exponential smoothing with an alpha smoothing constant = .70 and a June forecast of 22,000 Compute the sales forecast for July using the following approaches:
a. Mean
b. Four month simple moving average
c. Exponential smoothing with an alpha smoothing constant = .70 and a June forecast of 22,000

Correct Answer:

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1a.) Mean: 18,000 + 22,000 + 16,000 + 18...

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