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Monthly sales for national retail

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Problem 1: Here are the monthly sales for National Retail , Inc.

Month

Sales (000)

February

19

March

18

April

15

May

20

June

18

July

22

August

20

a. Forecast September sales as follows:

i. a 5-month moving average

ii. a weighted average using .6 for August, .9 July, and .1 for June

iii. exponential smoothing with a constant of .2, assuming a March forecast of 19(000).

Problem 2: Monthly sales for Telco Battery are as follows:

Month

Sales

August

18

September

20

October

20

November

21

December

23

a. Forecast January sales in the following:

i. 5-month moving average

ii. 4-month weighted average with December at .4 November at .3, October at .2, and September at .1.

iii. exponential smoothing with a constant of .3, and September forecast of 18.

Reference no: EM13835745

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