Please Help The monthly sales for Yezici Batleries, Inc., were es fellows: Month

Question

Please Help

The monthly sales for Yezici Batleries, Inc., were es fellows: Month Jan Feb Mar Apr May Jun JAg Sept Oct Nov Dec Sales 2 13 5 15 19 22 222 21 21 This exercise contains ony perts b and c. b)The forecast for the next month (Jan) using the naive method = 22 sales (ound your response to a whole number. The forecast for the next periadJ) using a 3monlh maving average apprzach- 21.22 saes (round your respanse to two dacial plas The forecast ortne next period Jan using a 6 month we ghted average with e his o 10 0.10 0.10 0 20 0 20, end 0.30, where he hee es e ghts are appled to the most ecent month-20.5 Bales using exponential smoothing with a 30 and a optomber forecast af 21 , te trecast for i e next penod lan salas inund your m sponse to two dacuma, placas ou your sponse o one de lace

Explanation / Answer

F(Oct) = 0.3*22 + 0.7*21

= 21.3

F(Nov) = 0.3*22 + 0.7*21.3

= 21.51

F(Dec) = 0.3*20 + 0.7*21.51

= 21.057

F(Jan) = 0.3*22 + 0.7*21.057

= 21.34

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---