Problem 3 2 National Scan Inc Sells Radio Frequency Inventory Tags Monthly Sales Seven Mon Q34313017

Problem 3-2

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

MonthSales
(000)UnitsFeb.14Mar.17Apr.11May.19Jun.21Jul.22Aug.26

b. Forecast September sales volume using each of thefollowing:

(1) A linear trend equation.(Round your intermediatecalculations and final answer to 2 decimal places.)
  
Yt             thousands

(2) A five-month moving average. (Round your answer to 2decimal places.)

Moving average            thousands

(3) Exponential smoothing with a smoothing constant equal to.20, assuming a March forecast of 16(000). (Round yourintermediate forecast values and final answer to 2 decimalplaces)
  
Forecast            thousands

(4) The naive approach.

Naive approach            thousands

(5) A weighted average using .50 for August, .20 for July, and.30 for June. (Round your answer to 2 decimalplaces.)

Weighted

OR

 

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OR

 

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