Question: How do I solve this? Problem 3-2 (Algo) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:

How do I solve this? How do I solve this? Problem 3-2 (Algo) National

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. Aug. Sales (000) Units 14 20 11 22 21 25 16 Click here for the Excel Data File a. Forecast September sales volume using each of the following: (1) The naive approach. Naive approach thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average thousands Saved ment (3) A weighted average using 0.70 for August, 0.10 for July, and 0.20 for June. (Round your answer to 2 decimal places.) Weighted average thousands (4) Exponential smoothing with a smoothing constant equal to 0.20, assuming a March forecast of 17(000). (Round your intermediate forecast values and final answer to 2 decimal places.) Forecast thousands (5) A linear trend equation (Round your intermediate calculations and final answer to 2 decimal places.) YU thousands

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