Question: In this question, I need help on part D and E... Problem 3-2 (Algo) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for
In this question, I need help on part D and E...
Problem 3-2 (Algo)
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
| Month | Sales (000)Units |
| Feb. | 17 |
| Mar. | 20 |
| Apr. | 14 |
| May. | 22 |
| Jun. | 21 |
| Jul. | 25 |
| Aug. | 29 |
1). Forecast September sales volume using each of the following:
(A) The naive approach : 29 thousands
(B) A five-month moving average. (Round your answer to 2 decimal places.) : 22.20 thousands
(C) A weighted average using 0.55 for August, 0.20 for July, and 0.25 for June. (Round your answer to 2 decimal places.) : 26.20 thousands
(D) Exponential smoothing with a smoothing constant equal to 0.10, assuming a March forecast of 15(000). (Round your intermediate forecast values and final answer to 2 decimal places.)
forecast = (E) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)
yt =
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