Question: b ) The forecast for the next month ( Jan ) using the naive method = 2 2 sales ( round your response to a

b) The forecast for the next month (Jan) using the naive method =22 sales (round your response to a whole number).
The forecast for the next period (Jan) using a 3-month moving average approach =21.66 sales (round your response to two decimal places).
The forecast for the next period (Jan) using a 6-month weighted average with weights of 0.10,0.10,0.10,0.20,0.20, and 0.30, where the heaviest weights are applied to the most recent month =20.7 sales (round your response to one decimal place).
Using exponential smoothing with =0.30 and a September forecast of 20.00, the forecast for the next period Jan
 b) The forecast for the next month (Jan) using the naive

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 General Management Questions!