(Answered) : Problem 3 2 National Scan Inc Sells Radio Frequency Inventory Tags Monthly Sales Seven Mon Q27987267

Problem 3-2

National Scan, Inc., sells radio frequency inventory tags.Monthly sales for a seven-month period were as follows:

b. Forecast September sales volume using each of thefollowing:

(1) A linear trend equation.(Round your intermediatecalculations and final answer to 2 decimalplaces.)

Yt           thousands

2) Exponential smoothing with a smoothing constant equal to .20,assuming a March forecast of 17(000). (Round yourintermediate forecast values and final answer to 2 decimalplaces)

Forecast           thousands

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