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 19 Mar 18 Apr 15 May 20 Jun 18 Jul 22 Aug 20 b. Forecast September sales volume using each of the following: SHOW WORKS!!!! (1) The naive approach. (2) A five month moving average. (3) A weighted average using .60 for August, .30 for July, and .10 for June. (4) Exponential smoothing with a smoothing constant equal to .20, assuming a a March forecast of 19(000). (5) A linear trend equation. c. Which method seems least appropriate? Why? d. What does the use of the term sales rather than demand presume?

Reference no: EM132231005

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