Question: do this question in excel and please share all steps Question 1 The Source is an electronic retail chain that, among other products, sells portable
do this question in excel and please share all steps
Question
The Source is an electronic retail chain that, among other products, sells portable Bluetooth speakers. Monthly sales at a local The Sources store for the last months of were as follows:
Month Sales
Jun.
Jul.
Aug.
Sept.
Oct.
Nov.
Dec.
Plot the monthly sales numbers in a line chart.
Forecast the sales volume for January using each of the following methods and round each result to whole numbers:
Nave method considering both Nov. and Dec. data.
A fivemonth simple moving average.
A weighted average using for Dec., for Nov. and for Oct.
Exponential smoothing using a smoothing constant equal to and a monthly forecast of
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