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Monthly sales for a five-month period

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Reference no: EM132730100

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

Month Sales (000) Units  

Feb 120  

Mar 130

Apr 110

May 116

Jun. 128

Forecast July sales volume using each of the following:

  1. The appropriate naive approach
  2. A three month moving average.
  3. A weighted average using weights of .45 (most recent), .35, and .20
  4. Exponential smoothing with a smoothing constant of .40

Reference no: EM132730100

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