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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. 19 Mar. 22 Apr.

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. 22
Apr. 8
May. 24
Jun. 19
Jul. 27
Aug. 22

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 thousands

(2) A five-month moving average. (Round your answer to 2 decimal places.)

Moving average thousands

(3) Exponential smoothing with a smoothing constant equal to .25, assuming a March forecast of 17(000). (Round your intermediate forecast values and final answer to 2 decimal places) Forecast thousands

(4) The naive approach.

Naive approach thousands

(5) A weighted average using .50 for August, .15 for July, and .35 for June. (Round your answer to 2 decimal places.)

Weighted average thousands

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