The document contains sales data for Company A over 4 quarters and 30 years of quarterly sales data for Company B. It also lists the next 4 quarters forecast as 65 for both companies. It asks to calculate the percentage error in the forecast and draw a conclusion.
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4th Sem Supply Chain Analytics
The document contains sales data for Company A over 4 quarters and 30 years of quarterly sales data for Company B. It also lists the next 4 quarters forecast as 65 for both companies. It asks to calculate the percentage error in the forecast and draw a conclusion.
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A Company started recently last3 qures sales are q1 40 q2 45 q3 50 q4 65.
B company as data of last 30 years q1 40 q2 45 q3 50 q4 40 a5 45 ....q30
the avarge is considerd as the basis for percentage sales for next quter .it next four quter for both the company is next 65 . find out percentage error ,forcast and conclusion.