National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:

Month. Sales (000)Units Feb. 17 Mar. 20 Apr. 12 May. 22 Jun. 19 Jul. 24 Aug. 26

A.) Forecast September sales volume using each of the following

1. The naive approach _____ thousands

2. A 5-month moving average (round to 2 decimal places)

moving average _____ thousands

3. A weighted average using 0.60 for August, 0.10 for July. and 0.30 for June (round to 2 decimal places)

weighed average ____ thousands

4. Exponential smoothing with a smoothing constant equal to 0.20, assuming March forecast of 16(000) (round intermediate forecast values and final answer to 2 decimal places)

5. A linear trend equation (round intermediate forecast values and final answer to 2 decimal places)