Page 177 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx
P. 177

Forecasting







                  Question 4




                  Moving averages

                  A time series analysis of past sales units shows the following actual figures:


                  Jan 107, Feb 176, Mar 197, Apr 182, May 251, Jun 272, Jul 257, Aug 326, Sep
                  347, Oct 332, Nov 401.


                  Calculate the 3 point moving averages for the data given
                                                Y = T + S
                                            Actual/prediction                         3 point average
                         Month                     (Y)              3 point total            (T)
                          Jan                      107
                          Feb                      176                  480                 160
                          Mar                      197                  555                 185
                          Apr                      182                  630                 210
                          May                      251                  705                 235
                          Jun                      272                  780                 260
                           Jul                     257                  855                 285
                          Aug                      326                  930                 310
                          Sep                      347                 1005                 335
                          Oct                      332                 1080                 360
                          Nov                      401
                          Dec





























                                                                                                      171
   172   173   174   175   176   177   178   179   180   181   182