Mrs Azola Nkota has the following data (R1000s) on total food and beverage sales for the three years of operation: Month 2018 2019 2020 January 243 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 260 July 145 157 266 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 256 230 235 4. Managerial report Use Microsoft Excel to perform an analysis of the sales data for the Buzbey restaurant. Prepare a report for Mrs Azola Nkota that includes: a) A graph of the time series to represent sales for Buzbey Restaurant. Comment. (5 marks) b) A least-square regression method to derive a forecasting equation for the Buzbey restaurant’s sales. (10 marks) c) An analysis of the seasonality of the data. Indicate the seasonal indexes for each month, and comment on the high and low seasonal sales months. (30 marks) d) A multiplicative forecasting model (combining trend and seasonal components) to estimate sales for the Buzbey restaurant from 2018 to 2020. (36 marks) e) A forecasting % error using MAPE. (7 marks) f) A seasonally adjusted forecast for 2021.
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please answer with clear work using decomposition including
season factor
The next page provides the monthly sales data for Joe's Stone Crab. We have been hired to develop a forecasting model that will predict future sales for 2018 using the time-series seasonal adjustment method. Assume that data is only available through the end of 2017 You are also to prepare a 1-2 page report within a Word file that will explain to the owner (Mr. Joe) what is happening with...
The Vintage
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efforts of Karen and her staff, her restaurant has become one of
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1. Exercise 5.1 The forecasting staff for the Prizer Corporation has developed a model to predict sales of its air-cushioned-ride snowmobiles. The model specifies that sales, S, vary jointly with disposable personal income, Y, and the population between ages 15 and 40,Z, and inversely with the price of the snowmobiles, P. Based on past data, the best estimate of this relationship is: where k has been estimated (from past data) to equal 100 If Y $13,000, Z- $1,200, and P...
What are the formulas I need to
find total product profit, total staff cost and gross nightly
profit?
2020 25 Staff Hourly Rates (changes on 1 Jan each year) Staff 2018 2019 Bar Staff A $ 21 $ 23 $ Bar Staff B $ 21 $ 23 $ Bar Staff C $ 21 $ 23 $ Bar Staff D $ 26 $ 27 $ Bar Staff E $ 30 $ 32 S Security Staff A $ 20 $ 21 $...
kelly Pitney began her censulting busines, kelly Consulting For egete kelly on April 1, 2019. The accoenting cycle Consulting a April, includia financial in this chapter. During Hay kelly Consulting entered inato the follew ing transactiens: Statements, was illestrated May 3 Received cash from clents as an aduance payment for services to be preided and recorded t as onearned fees, 4,500 5, Received cash fram clients on account, 2, 450 9 Paid cash for a news paper advertisement, $225 13....
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there is no data link fir this data it’s all in photos.... thank
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