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The monthly sales for Telco Batteries, Inc., were as follows: Month Sales January 24 February 25 March 19 April 17 May 16 June 20 July

  1. The monthly sales for Telco Batteries, Inc., were as follows:
Month Sales
January 24
February 25
March 19
April 17
May 16
June 20
July 21
August 22
September 24
October 24
November 25
December 27

a) Plot the monthly sales data.

b) Forecast January sales using each of the following:

i) Naive method.

ii) A three-month moving average.

iii) A six-month weighted average using 0.1, 0.1, 0.1, 0.2, 0.2, and 0.3, with the heaviest weights applied to the most recent months.

iv) Exponential smoothing using an a 5 0.3 and a September forecast of 18.

v) A trend projection.

c) With the data given, which method would allow you to forecast next March's sales?

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