Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Yab. Mar. Apr. May Salon LOODUnits 15

image text in transcribed
image text in transcribed
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Yab. Mar. Apr. May Salon LOODUnits 15 18 12 20 23 23 27 Jun. Jul. Aug. Click here for the Excel Data File a. Forecast September sales volume using each of the following (The nalve approach Maive apora 12 thousands (2) A five-month moving average (Round your answer to 2 decimal places.) Moving average thousands (3) A weighted average using 0.55 for August, 010 for July, and 0.35 for June (Round your answer to 2 decimal places.) Weighted average thousands B) A weighted average using 0.55 for August. 0.10 for July, and 0.35 for June. (Round your answer to 2 decimal places) honda (4) Exponential smoothing with a smoothing constant equal to 0.25, assuming a March forecast of 17/000). (Round your intermediate forecast values and final answer to 2 decimal places) thousands (5) A linear trend equation (Round your intermediate calculations and final answer to 2 decimal places) thomande

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Money For Ministerial Leadership Key Practical And Theological Insights

Authors: Nimi Wariboko

1st Edition

1625640129, 9781625640123

More Books

Students also viewed these Accounting questions

Question

3 When might constructivist view of self be not relevant and why?

Answered: 1 week ago