Sales figures in units for bobs blocks for the past five, Ask an Expert

Management Studies

Sales figures (in units) for Bob's Blocks for the past five weeks have been as follows...Week 1: 1287, Week 2: 1431, Week 3: 1559, Week 4: 1623, Week 5: 1482, Week 6: 1503. Use a three-week moving average to forecast the Week 7 number of units sold. Also calculate the MAD for the forecasts. (Specifically, use the three-week moving average to forecast for weeks prior to Week 7 where possible, and then find the MAD).

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91425646

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