SALE FORECASTING BY MOVING AVERAGE METHOD OF TATA STE

Year
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011

Sales
A
6838.61
6697.49
8721.32
10702.39
14493.16
15135.41
17458.39
19652.53
24348.52
25021.98
29396.35
∑A = 178466.15

QUARTILE MOVING AVERAGE
F

7419.14
8707.066667
11305.62333
13443.65333
15695.65333
17415.44333
20486.48
23007.67667
26255.61667

A - F

1302.18
1995.324
3187.53667
1691.756
1762.737
2237.08667
3862.04
2014.3033
3140.7333

(A - F)²

1695672.752
3981317.865
10160390.02
2862038.364
3107241.731
5004556.769
14915352.96
4057417.784
9864205.662
∑(A-F)² =55648193.91

METHOD OF TATA STEEL LTD.

R.M.S.E =

 ( A F )
t

2

t

n
= 2249.2057974

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