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Hello - I am working on forecasting purchase of product based on sales
history. Sales are dependent on the day of the week. So I have data for 3+ months and I want to predict what to purchase for Tuesday based on the last 7 Tuesdays sales. Here's a sample of the data: Day Date Sold Fri 05/01/09 3,006 Sat 05/02/09 3,272 Sun 05/03/09 2,151 Mon 05/04/09 2,033 Tue 05/05/09 3,272 Wed 05/06/09 2,348 Thu 05/07/09 2,284 Fri 05/08/09 3,159 Sat 05/09/09 4,086 Sun 05/10/09 2,398 Mon 05/11/09 2,189 Tue 05/12/09 2,399 Wed 05/13/09 2,426 Thu 05/14/09 2,894 Fri 05/15/09 2,860 Sat 05/16/09 3,571 Sun 05/17/09 3,138 Mon 05/18/09 4,518 Tue 05/19/09 2,896 Wed 05/20/09 2,920 Thu 05/21/09 2,457 Fri 05/22/09 3,101 Sat 05/23/09 3,423 Sun 05/24/09 2,939 Mon 05/25/09 2,976 Tue 05/26/09 2,195 Wed 05/27/09 2,613 Thu 05/28/09 3,250 The 1st column is the day of the week. The 2nd column is the date 3. The 4th column is the number of product sold on that date. So for this example, I want to look at Tuesday sales. I want to average the sales over the past 4 Tuesdays so I can predict what to purchase for next Tuesday inventory. I started fooling around with vlookup and index functions but just haven't been able to work this out. Any help would be much appreciated! Thanks. |
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