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Note: A solution without detailed explanation/calculation will get no more than 1 point out of 100. Problem 1. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Sales (000 units) Month 18 15 20 18 20 a. Plot the monthly data on a sheet of graph paper b. Forecast September sales volume using each of the following: (1) The naive approach. (2) A five month moving average. (3) A weighted average using .60 for August, .30 for July, and.10 for June. (4) Exponential smoothing with a smoothing constant equal to 20, assuming a a March forecast of 19(000). A linear trend equation. (5) Problem 2. 20 O F3 5 6 3
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a) Salas (000 un、 24 02 20 16 bwing Maive afpiao ch PRaa ao, to uniH Sales ot se ら 5 -la,000 units 3) uleiahted auesa 1Q4) F 19 18 1a 丁 Teal ao A 8 18 0Y L8. 422 13 345 q 341) a o Ex penenthal method F (18) Co. 1q13 202) Ape (o Hoy un ud Au 2) 12) 冫at +b eluin h toa 3 25 le ptemobe .5) 13 352 0085t unit

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