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1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales
Jan 20Feb 21Mar 15Apr 14May 13Jun 16Jul 17Aug 18Sep 20Oct 20Nov 21Dec 23
a. Plot the monthly sales data on a sheet of graph paper.b. Forecast January sales for the new year using each of the following:1) Basic naïve method.2) A 3-month moving average.3) A 6-month weighted moving average using 0.1, 0.1, 0.1, 0.2, 0.2, 0.3, with the heaviest weights applied to the most recent months.4) Exponential smoothing using a smoothing constant of 0.3 and a September forecast of 18 (note that you must compute forecasts for Oct, Nov, and Dec before computing the one for January).5) A trend projection using the least squares methodc. With the data given,which method would allow you to forecast next March's sales?
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