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FORCASTING

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › FORCASTING

  • This topic has 6 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • July 15, 2022 at 8:59 pm #660626
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    The following variations and trend have been calculated for sales

    over a period of time using the additive model
    Seosnal variation

    Quarter1 +25

    Quarter2 -10

    Quarter3 -30

    Quarter4
    ?

    The last known trend reading was taken in year 3, quarter 3 and was £1,750.

    18 What would be the seasonal variation for quarter 4?

    19 What would be the time series value for year 4 quarter 3?

    July 15, 2022 at 9:07 pm #660628
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    Ans 18 is + 15 and ans for 19 is 1920
    Sir for 18 shouldn’t the ans be 19 ( 25-10-30+x=4) so x = 19
    And for 19 I m unable to get the correct ans
    Could you please explain both of them
    ( your feedback would be extremely helpful)

    July 16, 2022 at 9:57 am #660664
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54716
    • ☆☆☆☆☆

    18: As I explain in my lectures, the seasonal variations should add up to zero.
    +25 – 10 – 30 = -15. Therefore the seasonal variation for quarter 4 use be +15.

    You really cannot expect me to answer questions if you are not watching my free lectures!

    19: There is not enough information to be able to answer this from what you have typed.

    July 16, 2022 at 10:11 am #660670
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    Sir trend is given +50 per quarter
    Sir for 19 ans is given 1920

    July 16, 2022 at 10:18 am #660673
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54716
    • ☆☆☆☆☆

    Year 4 quarter 3 is four quarters after year 3 quarter 3, and therefore the trend value is 1,750 + (4 x 50) = 1,950.

    The seasonal variation for quarter 3 is -39, and therefore the time series value is 1,950 – 30 = 1,920.

    July 16, 2022 at 1:40 pm #660678
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    Sir thank u so much I would like to express my sincere gratitude to you ,thank u so much sir

    July 16, 2022 at 3:36 pm #660683
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54716
    • ☆☆☆☆☆

    You are welcome, but please do watch my free lectures!!

  • Author
    Posts
Viewing 7 posts - 1 through 7 (of 7 total)
  • The topic ‘FORCASTING’ is closed to new replies.

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