Operation and Process Management: Identify the product or service allocated to you and locate this on the spreadsheet using the sheet name and four-letter column code provided Custom Essay
Identify the product or service allocated to you and locate this on the spreadsheet using the sheet name and four-letter column code provided. (A spreadsheet showing the dataset allocation is also on studentcentral).
Select and Copy the quarterly data from row 31 to row 91
Paste this into a new spreadsheet
You are then required to produce a spreadsheet which forecasts the consumer expenditure on the product or service for the next quarter (or next 4 quarters in the case of decomposition) using each of the following three methods:
A four-period moving average (10 marks).
Exponential smoothing with an optimal parameter determined by the Excel Solver (15 marks)
Decomposition with a trend line and seasonality (25 marks)
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