There are 5 years data of Avenue Supermarts Ltd.

Year Sales
MAR '17 11,881.12
MAR '18 15,008.89
MAR '19 19,916.25
MAR '20 24,675.01
MAR '21 23,787.20

Using the naive method (most recent value), Moving Averages, weighted moving Average, Exponential
smoothing as the forecast for the next year, compute the following measures of forecast accuracy. a. Mean
absolute error. b. Mean squared error. c. Mean absolute percentage error. d. What is the forecast for next 2 year.

1.Naive method

Forecast for next year 2022 = 23787.2

 Avenue Supermarts
Sales Forecast
30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00

0.00
MAR '1 7 MAR '1 8 MAR '1 9 MAR '2 0 MAR '2 1

2.Moving Averages
Forecast for next year 2022 = 22792.82

Avenue Supermarts
Sales 3 year moving forecast
30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00

0.00
MAR '1 7 MAR '1 8 MAR '1 9 MAR '2 0 MAR '2 1
3.weighted moving Average

Forecast for next year 2022 = 23041.41

 Avenue Supermarts
Sales Forecast(Linear Trand Line Method)
30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00

0.00
MAR '1 7 MAR '1 8 MAR '1 9 MAR '2 0 MAR '2 1

4. Exponential smoothing
 Avenue Supermarts
Sales Forecast(Linear Trand Line Method)
30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00

0.00
MAR '1 7 MAR '1 8 MAR '1 9 MAR '2 0 MAR '2 1
 Avenue Supermarts
Sales Forecast(Linear Trand Line Method)
30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00

0.00
MAR '1 7 MAR '1 8 MAR '1 9 MAR '2 0 MAR '2 1

Year (Quarter)
Year Sales
2019 Mar  '19 5,033.37
  Jun  '19 5,780.53
  Sep '19 5,949.01
  Dec '19 6,751.94
2020 Mar '20 6,193.53
  Jun  '20 3,833.23
  Sep '20 5,218.15
  Dec  '20 7,432.69
2021 Mar '21 7,303.13
  Jun '21 5,031.75
  Sep '21 7,649.64
  Dec '21 9,065.02
 Unadj |
usted (E- | Percen
Quar Ti CTD Ra SEASO SMOO Foreca Ebar Erro Erro Erro tage
ter Sales me MA tio NAL THED st )^2 r r| r^2 Error|
-
Mar 5033. 4528.91 5554.0 6172. 1139. 1298
1 1.111 1139. 22.64%
‘19 37 2 83 731 361 143
36
Jun 5780. 8261.97 5715.0 3998. 1781. 1781. 3175
2 0.7 30.83%
‘19 53 9 63 569 961 961 385
Sep 5949. 6023. 0.9 6308.52 5876.0 5541. 407.8 407.8 1663
3 0.943 6.86%
'19 01 732 88 8 43 172 37 37 31.3
-
Dec 6751. 5925. 1.1 5725.25 6037.0 7119. 367.6 1351
4 1.179 367.6 5.45%
'19 94 34 4 2 24 621 81 89.4
81
-
Mar 6193. 5590. 1.1 5572.79 6198.0 6888. 694.8 4828
5 1.111 694.8 11.22%
'20 53 57 08 7 04 376 47 11.9
47
Jun 3833. 6 5584. 0.6 0.7 5478.74 6358.9 4449. - 615.8 3792 16.07%
 615.8
‘20 23 306 86 8 85 091 61 85.2
61
-
Sep 5218. 5808. 0.8 6519.9 6148. 930.2 8653
7 0.943 5533.5 930.2 17.83%
'20 15 1 98 65 397 48 60.5
48
-
Dec 7432. 6096. 1.2 6302.48 6680.9 7879. 446.3 1992
8 1.179 446.3 6.01%
‘20 69 615 19 8 45 015 25 05.8
25
-
Mar 7303. 6550. 1.1 6841.9 7604. 300.8 9053
9 1.111 6571.19 300.8 4.12%
'21 13 366 15 26 022 92 6.05
92
Jun 5031. 7058. 0.7 7191.76 7002.9 4899. 132.1 132.1 1745
10 0.7 2.63%
'21 75 344 13 6 06 614 36 36 9.98
Sep 7649. 8111.93 7163.8 6755. 894.0 894.0 7992
11 0.943 11.69%
'21 64 3 87 623 18 18 67.4
Dec 9065. 7686.60 7324.8 8638. 426.6 426.6 1819
12 1.179 4.71%
'21 02 8 67 408 11 11 97.2
-
TOTA 7524 8137. 7790 140.02
852.6
LS 1.98 778 973 %
51
-
AVER 6270. 678.1 6492
71.05 11.67%
AGE 166 48 47.7
4
Next
perio
8319. (MA (MSE (MAPE
d (Bias)
667 D) ) )
forec
ast
Std 1139.
err 515

Avenue Supermarts
Sales Forcast Smoothed data Trand line
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9000
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Mar Jun Sep D ec Mar Jun S ep D ec Mar Jun S ep D ec
 '1 9  '1 9 '1 9 '1 9 '2 0  '2 0 '2 0  '2 0 '2 1 '2 1 '2 1 '2 1
 Avenue Supermarts
Sales Forcast Sales
Forcast Smoothed data Trand line
10000
9000
8000
7000
6000
5000
4000
3000
2000
1000
0
Mar Jun Sep D ec Mar Jun S ep D ec Mar Jun S ep D ec
 '1 9  '1 9 '1 9 '1 9 '2 0  '2 0 '2 0  '2 0 '2 1 '2 1 '2 1 '2 1

Introduction :

Avenue Supermarts Limited, DMart, is an Indian retail corporation that operates a chain

of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai's
Hiranandani Gardens. As of 31 December 2019, it had 196 stores in 72 cities across 11 states in India
including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya
Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman
and Punjab.
Avenue Supermarts Limited

D-Mart Official logo

DMart store in Tirupati, India

Trade name DMart
Type Public
Founded May 15, 2002; 19 years ago
Founder Radhakishan Damani
Headquarters Powai, 
Mumbai, Maharashtra
, 
India
Number of locations 263 (June 2020)
 Area served India
Key people Radhakishan Damani
(Chairman)
Ignatius Navil Noronha
(CEO)

Products Grocery & Staples

Daily Essentials

Dairy & Frozen

Home and furniture

Home Appliances

Bed & Bath

Clothing

Footwear

Toys

Crockery

Luggage

Health and beauty

Sporting goods and fitness

Grocery

Fruits & Vegetables

DMart is promoted by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai.
As of 31 March 2019, DMart had a total of 7,713 permanent employees and 33,597 employees hired
on contractual basis.