The monthly sales for Yazici Batteries, Inc., were as follows:MonthSalesJan19Feb Mar1721Apr MayJun Jul Aug Sept Oct12 15 18 15 19 20 20This exercise contains only parts b and c.b) The forecast for the next month (Jan) using the naive method = 22 sales (round your response to a whole number).Nov Dec20 22The forecast for the next period (Jan) using a 3-month moving average approach = 20.67 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, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied to the mostrecent month = sales (round your response to one decimal place).

Forecasting is the process of predicting future events or trends based on past and present data.…

Answered: b) The forecast for the next month…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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