HSM-260 wk 5 checkpoint Forecasting

HSM-260 wk 5 checkpoint Forecasting - Running head:...

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Running head: FORECASTING 1 Forecasting Anna Borsick HSM/260 December 9, 2011 Marilyn Gardner
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FORECASTING 2 Forecasting Exercise 9.1 (p. 130). To forecast the expenses of Palmdale Human Services Agency, basic math must be applied. By adding the expense data for the three time periods selected and dividing them by the number of time periods you will find the simple moving average . Example; 6,700,000 + 6,000,000 + 5,500,000 = 18,250,000 / 3 = 6,083,333.3 (= SMA) (20X4) (20X3) (20X2) Forecasting weighted moving averages rules 3 and 4 apply; to forecast for the donations of 20X5 (since the simple moving average appears realistic) you will multiply the donation data for each year by its weight, adding results together, then dividing by the total numbers of weights. Starting with the oldest date first 20X2 and multiplying by 1, 20X3 is multiplied by 2 and finally 20X4 is multiplied by 3, the total weights applied would be 6. Example; 6,750,000
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This note was uploaded on 04/08/2012 for the course HSM 260 taught by Professor Dr.dave during the Spring '10 term at University of Phoenix.

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HSM-260 wk 5 checkpoint Forecasting - Running head:...

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