The monthly sales for Yazici? Batteries, Inc., were as? follows:
|
Month |
Sept |
Oct |
Nov |
Dec |
|
Sales |
19 |
21 |
22 |
22 |
This exercise contains only parts b and c.
?b) Forecast January sales using each of the following methods.
?i) Compute the January sales forecast using naive method.
The January sales forecast using the naive method= 2
?ii) Compute the January sales forecast using a? 3-month moving average.
The January sales forecast using a? 3-month moving average approach = sales. ?(Round your response to two decimal? places.)?iii) Compute the January sales forecast using a? 3-month weighted average with weights of 0.10?, 0.30?, and 0.60 with the heaviest weights applied to the most recent months.
The January sales forecast using a? 3-month weighted average= sales. ?(Round your response to two decimal? places.)?iv) Compute the January sales forecast using exponential smoothing with a=0.30 and a starting forecast for September being 20.
The January sales forecast using exponential smoothing =
sales. ?(Round your response to two decimal? places.)
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