Business, 20.12.2019 20:31, Tips101

The manager at a convenience store wants to forecast sales for an item this week based on the following historical data:
week actual sales (number of units sold)
six weeks ago 160
five weeks ago 320
four weeks ago 480
three weeks ago 640
two weeks ago 800
one week ago 960
this week not known
1. determine the sales forecast for this week using a 2-week moving average.

Answers: 2

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The manager at a convenience store wants to forecast sales for an item this week based on the follow...