Unit sales for new product ABC have varied in the first seven months of this year as follows: Month Jan Feb Mar Apr May Jun Jul Unit Sales 401 385 291 317 330 281 274 What is the (sample) skewness of the data? Please round your answer to the nearest hundredth.
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- Give typed explanation The demand for a product in the past 10 months were: 636, 463, 738, 744, 555, 486, 667, 518, 450, 682 Suppose a four-month moving average method is used to generate forecasts. What is the forecasted demand in month 6? Use at least 4 decimal places.A sample of 5 months of sales data provided the following information. Month 1 2 3 4 5 Units Sold 96 101 82 90 96 (a) Develop a point estimate of the population mean number of units sold per month. 93 Correct: Your answer is correct. (b) Develop a point estimate of the population standard deviation. (Round your answer to two decimal)QWE Inn has recorded the following number of rooms sold for the first quarter of the year: January 2100 February 2500 March 2550 What is the average monthly geometric rate of change in rooms sold from January to March equal to?
- Auto sales at Carmen's Chevrolet are shown below. Using a 3-week moving average, what is the forecasted sales for month 7? note: write the rounded-off number (eg. "75" and NOT "75.17") Month Auto Sales 1 7 2 9 3 10 12 9 11 ??? 4 5 6 7The following table shows a tool and dies company’s quarterly sales for the current year. What sales would you predict for the first quarter of next year? Quarter relatives are SR1= 1.10, SR2 = 0.99, SR3 = 0.90, and SR4 = 1.01.Quarter 1 2 3 4Sales 236.50 227.70 220.50 262.60The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 20 21 17 12 15 15 15 19 22 22 23 24 This exercise contains only parts b and c. b) The forecast for the next month (Jan) using the naive method = sales (round your response to a whole number). The forecast for the next period (Jan) using a 3-month moving average approach = sales (round your response to two decimal places). The forecast for the next period (Jan) using a 6-month weighted average with weights of 0.10, 0.10, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied the most recent month = sales (round your response to one decimal place). Using exponential smoothing with a = 0.35 and a September forecast of 18.00, the forecast for the next period (Jan) = sales (round your response to two decimal places). Using a method of trend projection, the forecast for the next month (Jan) = sales (round your response to two decimal places). c) The method…
- Refer to the gasoline sales time series data in Table 8.1. Compute four-week and five-week moving averages for the time series. Compute the MSE for the four-week and five-week moving average forecasts. What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? Recall that the MSE for the three-week moving average is 10.22.Fitbands estimated sales are: What are the balances in accounts receivable for January, February, and March if 65% of sales is collected in the month of sale, 25% is collected the month after the sale, and 10% is second month after the sale?Over the past year Meredith and Shunt Manufacturing had an average quarterly sales for the past 5 years shown in the table below: SEASON 5-yr AVERAGE Spring 4000 Summer 3000 Fall 2000 Winter 1000 note: write the number with at most 2 decimal place, Round-off the final answer a. Compute the seasonal index for Spring: b. Compute the seasonal index for Summer: c. Compute the seasonal index for Fall: d. Compute the seasonal index for Winter:
- Bruin Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports for the first seven weeks of 2010. Number of Shipment Received Weekly Cost of Receiving Reports 50 $175 44 162 40 154 35 142 53 185 58 200 60 202 a. Using the high-low method, develop the equation for predicting weekly receiving report costs based on the number of shipments received. b. What is the predicted amount of receiving report costs for a week in which 72 shipments are received? c. What are the concerns you have regarding your prediction from part (b)?The following information concerning sales revenues for a development, Cool Blue, for the last four months have been as follows. Month Sales revenues Website 'hits' 1 145,000 90,000 2 115,000 80,000 3 111,000 77,000 4 100,000 67,000 Calculate the revenues that should be expected in month five when hits is expected to be 85,000 units. Ignore inflation.The trend of a company's sales in units have been found to be represented by Y= 2.4X +300, where Y= sales units, X= accounting period reference. In accounting period 25, the seasonal variation will have an index of 106. The expected sales for period 25, to the nearest unit, are: O A. GHS 360 ОВ. 364 Ос. 378 OD. 382