Sells radio frequency inventory tags

Assignment Help Operation Management

Reference no: EM132161094

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 15

Apr 12

May 28

Jun 17

Jul 24

Aug 28

b. Forecast September sales volume using each of the following:

SHOW WORKS

(1) The naive approach.

(2) A five month moving average.

(3) A weighted average using .60 for August, .10 for July, and .30 for June.

(4) Exponential smoothing with a smoothing constant equal to .30, assuming a a March forecast of 15(000).

(5) A linear trend equation.

Reference no: EM132161094

Questions Cloud

Why defining corporate social responsibility is so elusive : Why defining corporate social responsibility is so elusive? What are the arguments for and against corporate social responsibility?

Arguments for against enforcing release that apolinar signed : What are the arguments for an against enforcing the release that Apolinar signed? Discuss.

Strategic fit among many activities is fundamental : “Strategic fit among many activities is fundamental not only to competitive advantage but also to the sustainability of that advantage.”

Micromanaging can improve employee initiative : Motivation is the combination of forces that move individuals to take certain actions and avoid other actions. Micromanaging can improve employee initiative

Sells radio frequency inventory tags : National Scan Inc. sells radio frequency inventory tags. Forecast September sales volume using each of the following:

How can week negative culture rode competitive advantages : How can a week negative culture rode competitive advantages? Explain and provide examples.

Evidence-based management is relatively concept in business : Evidence-based management is a relatively new concept in business. What challenges would you see foresee in making this concept commonplace in organizations?

Maximum megahertz project : Last year he accepted the Maximum Megahertz Project suggested by six up-and-coming young R&D corporate stars.

Characteristics of effective crew resource management : Describe the seven characteristics of effective Crew Resource Management (CRM).

User Account

All Pages