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The monthly sales for Telco Batteries, Inc., were as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 21
The monthly sales for Telco Batteries, Inc., were as follows:
Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
Sales | 21 | 20 | 15 | 12 | 13 | 18 | 15 | 19 | 19 | 22 | 23 | 24 |
This exercise contains only parts b and c.a) The forecast for the next month (Jan) using the naive method =
enter your response here
sales (round your response to a whole number).b) The forecast for the next period (Jan) using a 3-month moving average approach =
enter your response here
sales (round your response to two decimal places).
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