You are on page 1of 13

Sales (in thousands of

Week gallons) (Create a scatter chart and identify the components of the time series)
1 17
2 21
3 19
4 23
5 18
6 16
7 20
8 18
9 22
10 20
11 15
12 22
of the time series)
Sales (Y) (1000s
Week (t) of gallons) Forecast (Ft) Error (et) Squared Error (et^2)
1 17
2 21
3 19
4 23
5 18
6 16
7 20
8 18
9 22
10 20
11 15
12 22
13

s forecast for the 13th week -


MSE
t Y Ft et^2 weights to assign each period
1 17 current period
2 21 previous period
3 19 two periods back
4 23 Total 0.00
5 18
6 16
7 20
8 18
9 22
10 20
11 15
12 22
13

Sales forecast for the 13th week -


MSE
t Y Ft et^2
1 17
2 21
3 19
4 23
5 18
6 16
7 20
8 18
9 22
10 20
11 15
12 22
13

Sales forecast for the 13th week -


MSE
Sales (Y) (in thousands
Year (t) of bicycles) (Create a scatter chart and identify the components of the time series)
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
of the time series)
t Y Trend Projection Forecast [Ft=20.4+1.1t] et^2
1 21.6 4.0
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
11

b1 b0 11th year sales forecast -


MSE
Period Year Quarter Sales Graphical presentation of the TV sales
1 1 1 4.8
2 2 4.1
3 3 6
4 4 6.5
5 2 1 5.8
6 2 5.2
7 3 6.8
8 4 7.4
9 3 1 6
10 2 5.6
11 3 7.5
12 4 7.8
13 4 1 6.3
14 2 5.9
15 3 8
16 4 8.4
Year Quarter Q1 Q2 Q3 Period Sales
1 1 1 4.8
2 2 4.1
3 3 6
4 4 6.5
2 1 5 5.8
2 6 5.2
3 7 6.8
4 8 7.4
3 1 9 6
2 10 5.6
3 11 7.5
4 12 7.8
4 1 13 6.3
2 14 5.9
3 15 8
4 16 8.4

b4 b3 b2 b1 b0

Year Quarter Q1 Q2 Q3 Period Sales


5 1 17
2 18
3 19
4 20

You might also like