Sells radio frequency inventory tags

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Reference no: EM132089616

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

Month/Sales (000 unites)

Feb/20

Mar/23

April/7

May/25

June/18

July/28

Aug/30

Forecast September sales volume using each of the following:

1) linear trend equation

2) Exponential smoothing with a smoothing constant equal to .20, assuming a March forecast of 18(000). (Round your intermediate forecast values and final answer to 2 decimal places)

Reference no: EM132089616

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