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Case 3-1
George runs a mid-size accounting practice and recently upgraded to Excel 2013.He expects sales to grow in the next few months during tax season.After that,he would like to begin upgrading some of the equipment and furniture for the employees in his office.He will start with the Reception area,which has the most visibility.
-If sales reach a certain amount by the end of April,George will purchase a desk,chair,computer,and software upgrade for the receptionist.Otherwise,George will just purchase the desk and chair.How can George determine the best action to take using a Sales Data worksheet?
Inbound Systems
Technologies or processes focused on managing incoming goods or information into an organization.
Exponential Smoothing
A forecasting technique that applies diminishing weights on past observations to predict future values, often used in inventory and sales forecasting.
Weighted Moving Average
A calculation that averages a set of numbers with emphasis given to certain values in the set.
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