Sells radio frequency inventory tags

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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 12 Mar. 22 Apr. 9 May. 24 Jun. 19 Jul. 27 Aug. 24 b. Forecast September sales volume using each of the following: (1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) Yt thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average thousands (3) Exponential smoothing with a smoothing constant equal to .10, assuming a March forecast of 15(000). (Round your intermediate forecast values and final answer to 2 decimal places) Forecast thousands (4) The naive approach. Naive approach thousands (5) A weighted average using .60 for August, .10 for July, and .30 for June. (Round your answer to 2 decimal places.) Weighted average thousands.

Reference no: EM132211576

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