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The monthly sales for Yazici Batteries, Inc., were as follows: This exercise contains only parts b and c. b) The forecast for the next month
The monthly sales for Yazici Batteries, Inc., were as follows: This exercise contains only parts b and c. b) The forecast for the next month (Jan) using the naive method = sales (round your response to a whole number). The forecast for the next period (Jan) using a 3 -month moving average approach = sales (round your response to two decimal places). The forecast for the next period (Jan) using a 6 -month weighted average with weights of 0.10,0.10,0.10,0.20,0.20, and 0.30 , where the heaviest weights are applied to the most recent month = sales (round your response to one decimal place). Using exponential smoothing with =0.30 and a September forecast of 18.00 , the forecast for the next period (Jan)= sales (round your response to two decimal places). Using a method of trend projection, the forecast for the next month (Jan) = sales (round your response to two decimal places). c) The method that can be used for making a forecast for the month of March is a 3-month moving average a 6-month weighted moving averge exponential smoothing the naive method a trend projection
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