Year Sales Forecast

1 21.6
2 22.9
3 25.5
4 21.9 23.33333
5 23.9 23.43333
6 27.5 23.76667
7 31.5 24.43333
8 29.7 27.63333
9 28.6 29.56667
10 31.4 29.93333
11 29.9
 Forecasting-Moving Average
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Sal es Foreca st
Year Sales Forecast(Sales) Lower Confidence Bound(Sales) Upper Confidence Bound(Sales)
1 21.6
2 22.9
3 25.5
4 21.9
5 23.9
6 27.5
7 31.5
8 29.7
9 28.6
10 31.4 31.4 31.40 31.40
11 32.5926176194 29.15 36.04
12 33.6916429968 30.25 37.14
13 34.7906683742 31.35 38.24
45
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Sal es Forecast(Sal es )
Lower Confidence Bound(Sa l es ) Upper Confidence Bound(Sa l es )
Year Sales Forecast
1 21.6
2 22.9
3 25.5 Weights
4 21.9 23.94 0.2 For Year 1
5 23.9 23.18 0.3 For Year 2
6 27.5 23.62 0.5 for Year 3
7 31.5 25.3
8 29.7 28.78
9 28.6 29.8
10 31.4 29.51
11 30.22

Forecasting- Weighted Moving Average

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Sa l es Foreca st
e

10 11
Year Sales Forecast
1 21.6 21
2 22.9 21.36
3 25.5 22.284
4 21.9 24.2136
5 23.9 22.82544
6 27.5 23.47018
7 31.5 25.88807
8 29.7 29.25523
9 28.6 29.52209
10 31.4 28.96884
11 30.42753
 α 0.6
Initial Forecast 21
New forecast = (α) (previous year demand) + (1 - α) (previous forecast)

Forecasting- Exponential Smoothing

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Sal es Forecast