Question: 12 for B and revenue per unit would be E. Fall 2020 Problem 1. (700 Points) National Scan, Inc., sells radio frequency inventory tags. Monthly

12 for B and revenue per unit would be E. Fall 2020 Problem 1. (700 Points) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven- month period were as follows: Sales Month Units Feb. 13 Mar 21 Apr. 19 23 Jun 20 Jul 26 Aug 25 May 1 SON a. Forecast September sales volume using a linear trend equation (Sums are provided in the last row in bold) (150 points) 1 y ty 13 13 1 7 (635) 28 (142) 2 42 4 3 57 9 7 (140)-(287 4 92 16 5 20 100 25 6 26 156 36 7 25 175 49 28 147 635 140 b. Forecast September sales volume using Exponential smoothing method with a smoothing constant equal to 0.3, assuming a July forecast of 25 (100 points) c. Fill the blanks to calculate forecast errors. (Round to 2 decimal places. 400 points) Method 1: NGN Period Actual Forecast Error Error 2 (Error|/Actual)*100 4 23 21 4 8.70 5 20 23 9 15.00 8 26 24 . 4 7.69 7 25 26 1 Sum n-1-3 n4 MAD MSE MAPE

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