Question: Please help to do (4) and (5) STEP BY STEP (***NO EXCEL***) 2. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a
Please help to do (4) and (5)
2. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000 units) Feb. 19 Mar. 18 Apr. 15 May 20 Jun. 18 Jul. 22 Aug. 20 b. Forecast September sales volume using each of the following: (4) Exponential smoothing with a smoothing constant equal to .20, assuming a a March forecast of 19(000) (5) A linear trend equation STEP BY STEP (***NO EXCEL***)
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