Question: I need help with number 5, having trouble finding equation. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were

I need help with number 5, having trouble finding equation.
 I need help with number 5, having trouble finding equation. National
Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Click here for the Excel Data File a. Forecast September sales volume using each of the following: (i) The nalve approach. (2) A five-month moving average. (Round your answer to 2 decimal places.) (3) A weighted average using 0.65 for August, 0.10 for July, and 0.25 for June. (Round your answer to 2 decimal places.) (4) Exponential smoothing with a smoothing constant equal to 0.25, assuming a March forecast of 15(000). (Round your intermec 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.)

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 Accounting Questions!