Unit 15 CMCC
A-Vic
Registered Posts: 6,970 Beyond epic contributor ๐งโโ๏ธ
Hope you lot can help
Been trying for weeks but cant work out how do you work out what the trend would be dont know why i just cant get how to work out trends?
Say for instance you get a quaters sales how do you work out the trend??:confused1:
Been trying for weeks but cant work out how do you work out what the trend would be dont know why i just cant get how to work out trends?
Say for instance you get a quaters sales how do you work out the trend??:confused1:
0
Comments
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Hi A-Vic
If you only have a quarters trend then you would probably want the trend in weeks. The simplest way to view this trend would be to plot it on a graph.
However, if you mean to you 4 quarters sales figures (ie only four seperate numbers), I doubt you would be able to see much of a trend until you could get the figures for the last two or three years. Then you would be a able to see a seasonal trend at least.
I am not really sure if this helps. There are all sorts of other things involved when you want to extrapolate a trend but as I do not use this in my work, as soon as I finished my unit 15 I promptly forgot how to do it. :huh:
Speegs :thumbup1:0 -
Hi A-Vic
If you only have a quarters trend then you would probably want the trend in weeks. The simplest way to view this trend would be to plot it on a graph.
However, if you mean to you 4 quarters sales figures (ie only four seperate numbers), I doubt you would be able to see much of a trend until you could get the figures for the last two or three years. Then you would be a able to see a seasonal trend at least.
I am not really sure if this helps. There are all sorts of other things involved when you want to extrapolate a trend but as I do not use this in my work, as soon as I finished my unit 15 I promptly forgot how to do it. :huh:
Speegs :thumbup1:
Nope doesnt help but ty0 -
A = T + S
You need at least two of the numbers to be able to work out the missing number.eg. (A) actual sales and/or Trend (T) and/or (S) Seasonal, there are other factors such as Random but unit 15 only expects you to deal with A T and S.
What information have you been give other than just the sales which are probably the actual sales (A)?0 -
A = T + S
You need at least two of the numbers to be able to work out the missing number.eg. (A) actual sales and/or Trend (T) and/or (S) Seasonal, there are other factors such as Random but unit 15 only expects you to deal with A T and S.
What information have you been give other than just the sales which are probably the actual sales (A)?
Hi red thanks but i sat the simulation yesterday and i put a simular answer so fingers crossed it was right :001_smile:0 -
In that case good luck!0
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