National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: (1) A
Posted: Sun Jul 03, 2022 1:32 pm
National Scan, Inc., sells radio frequency inventory tags.Monthly sales for a seven-month period were as follows:
(1) A linear trend equation.
(2) A five-month moving average.
(3) Exponential smoothing with a smoothing constant equal to.20, assuming a March forecast of 19(000).
(4) The naive approach.
Month Feb. Mar. Apr. May Jun. Jul. Aug. Sales (000 units) 19 18 15 20 18 22 20
(1) A linear trend equation.
(2) A five-month moving average.
(3) Exponential smoothing with a smoothing constant equal to.20, assuming a March forecast of 19(000).
(4) The naive approach.
Month Feb. Mar. Apr. May Jun. Jul. Aug. Sales (000 units) 19 18 15 20 18 22 20