(3) A weighted average using 0.55 for August, 0.10 for July, and 0.35 for June. (Round your answer to 2 decima Weighted average 29.85 thousands
(3) A weighted average using 0.55 for August, 0.10 for July, and 0.35 for June. (Round your answer to 2 decima Weighted average 29.85 thousands
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:(3) A weighted average using 0.55 for August, 0.10 for July, and 0.35 for June. (Round your answer to 2 decimal places.)
Weighted average
(4) Exponential smoothing with a smoothing constant equal to 0.25, assuming a March forecast of 17(000). (Round your intermediate
forecast values and final answer to 2 decimal places.)
Forecast
29.85 thousands
Yt
(19.66) thousands
(5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)
(22.40) thousands

Transcribed Image Text:Problem 3-2 (Algo)
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
Sales
Month (000) Units
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
15
18
12
20
23
23
27
Click here for the Excel Data File
a. Forecast September sales volume using each of the following:
(1) The naive approach.
Naive approach
23 thousands
(2) A five-month moving average. (Round your answer to 2 decimal places.)
Moving average
21.40 thousands
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