Question: 1. Beebe Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Jan. Feb. Mar. April May

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

1. Beebe Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Jan. Feb. Mar. April May June July Use a four-month moving average to make a forecast for August. a. 23.25 b. 23.75 c. 24.25 a. 24 to 27 b. 20 to 23 c. 19 to 20 Demand (A) Forecast (F) 23 20 21 25 27 22 23 2. For the data in Question 1, Exponential smoothing, an initial forecast for Jan. of 23 (round to two decimals) and use an a of 0.3 to make a forecast for May: a. 17 to 19 b. 20 to 22 c. 23 to 25 3. For the data in Question 1, use a linear trend forecast to make a forecast for August:

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