Question: need help with 4 and 5 only National Scan, Inc., sells radio frequency Inventory tags. Monthly sales for a seven-month perlod were as follows: Glick

need help with 4 and 5 only National Scan, Inc.,need help with 4 and 5 only

National Scan, Inc., sells radio frequency Inventory tags. Monthly sales for a seven-month perlod were as follows: Glick 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 0.45 for August, 0.20 for July, and 0.35 for June. (Round your answer to 2 decimal places.) (4) Exponential smoothing with a smoothing constant equal to 0.20, assuming a March forecast of 14(000). (Round your intermediate 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 General Management Questions!