Exponential smoothing with smoothing constant equal

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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 16 Mar. 18 Apr. 13 May. 20 Jun. 22 Jul. 23 Aug. 28 b. Forecast September sales volume using each of the following: (1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) Yt Not attempted thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average Not attempted thousands (3) Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 18(000). (Round your intermediate forecast values and final answer to 2 decimal places) Forecast Not attempted thousands (4) The naive approach. Naive approach Not attempted thousands (5) A weighted average using .75 for August, .15 for July, and .10 for June. (Round your answer to 2 decimal places.) Weighted average Not attempted thousands

Reference no: EM132292399

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