Sells radio frequency inventory tags-linear trend equation

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Reference no: EM132108032

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

Month Sales (000)Units

Feb. 17

Mar. 16

Apr. 11

May. 22

Jun. 16

Jul. 21

Aug. 28

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.)

(2) A five-month moving average. (Round your answer to 2 decimal places.)

(3) Exponential smoothing with a smoothing constant equal to .10, assuming a March forecast of 20(000). (Round your intermediate forecast values and final answer to 2 decimal places)

Reference no: EM132108032

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