What does use of the term sales

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National scan, INC., sells radio frequency inventory tags. monthly sales for a 7 month period are as follows

month sales (000) units

feb......... 19

march..............18

apr.................15

may................20

june................18

july..................22

aug..................20

you must forecast september sales volume using a linear trend equation, a 5 month moving average, exponential smoothing wih a smoothing constant equal to.20 assuming a march forecast of 19(000), the naive approach, a weighted average using .60 for august, .30 for july, and .10 for june. which method seems least appropriate. what does use of the term sales rather than demand presume?

 

Reference no: EM1386267

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