Question: table [ [ MONTH , SALES ] , [ January , 2 0 ] , [ February , 2 1 ] , [ March
tableMONTHSALESJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
a Plot the monthly sales data.
b Forecast January sales using each of the following:
i Naive method.
ii A month moving average.
iii A month weighted average using and with the heaviest weights applied to the most recent months.
iv Exponential smoothing using an and a September forecast of
v A trend projection.
c With the data given, which method would allow you to forecast next March's sales? PX MyLab Operations Management also includes a shorter brief version of this problem.
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