Question: Please answer the questions below. Question 1 . National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:

Please answer the questions below.

Question 1. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:

Forecast September sales volume using each of the following:

Month

Sales (000 units)

Feb.

19

Mar.

18

Apr.

15

May.

20

Jun.

18

Jul.

22

Aug.

20

  1. A weighted average using .60 for August, .30 for July, and .10 for June.
  2. Exponential smoothing with a smoothing constant () equal to .20, assuming March forecast of 19(000).

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