Question: (3) A weighted average using 0.65 for August, 0.15 for July, and 0.20 for June. (Round your answer to 2 decimal places.) (4) Exponential smoothing

(3) A weighted average using 0.65 for August, 0.15 for July, and 0.20 for June. (Round your answer to 2 decimal places.)

(4) Exponential smoothing with a smoothing constant equal to 0.15, assuming a March forecast of 16(000). (Round your intermediate forecast values and final answer to 2 decimal places.)

(5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)

(3) A weighted average using 0.65 for August, 0.15 for July, and

Problem 3-2 (Algo) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Feb. Mar. Apr. May. Jun. Jul. Sales (000) Units 18 16 15 18 20 21 23 Aug

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!