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MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following is historical sales data ABC Clothing Inc: Month Sales (units) 5-Month Moving Avg. Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep - 19 Oct-19 Nov - 19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 10 15 20 20 25 20 20 25 30 35 40 50 70 85 100 125 P a) Complete the chart by calculating the 5-month moving average and make a forecast for May 2020. b) Do you think the forecasted value for May-20 using the 5-month moving average is accurate? What are some other methods that you could have used to make a forecast?
Transcribed Image Text:The following is historical sales data ABC Clothing Inc: Month Sales (units) 5-Month Moving Avg. Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep - 19 Oct-19 Nov - 19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 10 15 20 20 25 20 20 25 30 35 40 50 70 85 100 125 P a) Complete the chart by calculating the 5-month moving average and make a forecast for May 2020. b) Do you think the forecasted value for May-20 using the 5-month moving average is accurate? What are some other methods that you could have used to make a forecast?
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