Question: Note: A solution without detailed explanation/calculation will get no more than 1 point out of 100 . Problem 1. National Scan, Inc., sells radio frequency

Note: A solution without detailed explanation/calculation will get no more than 1 point out of 100 . Problem 1. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: a. Plot the monthly data on a sheet of graph paper. b. Forecast September sales volume using each of the following: (1) The naive approach. (2) A five month moving average. (3) A weighted average using .60 for August, . 30 for July, and .10 for June. (4) Exponential smoothing with a smoothing constant equal to .20 , assuming a a March forecast of 19(000). (5) A linear trend equation

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