The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar

Question

The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 19 23 15 14 15 15 16 18 19 22 23 23 This exercise contains only parts b and c. b) The forecast for the next month (Jan) using the naive method = 23 sales (round your response to a whole number). The forecast for the next period (Jan) using a 3-month moving average approach = 22.67 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, 0.10.10, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied to the most recent month = 21.2 sales (round your response to one decimal place). Using exponential smoothing with alpha = 0.35 and a September forecast of 21.00, 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) = nothing 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 1. a 3-month moving average 2. a 6-month weighted moving average 3. exponential smoothing 4. the naive method a trend projection

Explanation / Answer

next january sale is 23

next january 3 months moving average 22.67 sales

1. as shown in above table

2. as shown in abobe table

3. as shown in above table.

4.

month sales naive 3 month moving average 6 months weighted average exponential smoothing january 19 feburary 23 march 15 april 14 19 may 15 17.33 june 15 14.66 july 16 14.66 16.83 august 18 15.33 16.33 september 19 16.33 15.5 21 october 22 17.66 16.1 20.3 november 23 19.66 17.5 20.895 december 23 21.33 18.83 21.62

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.