Homework Help is Here – Start Your Trial Now!
Business
Operations Management
he monthly sales for Yazici Batteries, Inc., were as follows: Month Sales his exercise contains only parts b and c. The forecast for the next month (Jan) using the naive method=22 sales (round your response to a whole number). Aug Sept Oct Jan Feb Mar Apr May Jun Jul 19 21 17 12 15 18 15 19 20 20 Nov Dec 20 22 he forecast for the next period (Jan) using a 3-month moving average approach = 20.67 sales (round your response to two decimal places). he 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 an oplied to the most recent month = sales (round your response to one decimal place).

he monthly sales for Yazici Batteries, Inc., were as follows: Month Sales his exercise contains only parts b and c. The forecast for the next month (Jan) using the naive method=22 sales (round your response to a whole number). Aug Sept Oct Jan Feb Mar Apr May Jun Jul 19 21 17 12 15 18 15 19 20 20 Nov Dec 20 22 he forecast for the next period (Jan) using a 3-month moving average approach = 20.67 sales (round your response to two decimal places). he 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 an oplied to the most recent month = sales (round your response to one decimal place).

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question

second answer of part b 

The monthly sales for Yazici Batteries, Inc., were as follows: Month Sales Jan Feb Mar 19 21 17 Apr May Jun 12 15 18 Jul 15 Aug Sept 19 20 20 Oct Nov Dec 20 22 | This 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). The 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 most recent month = sales (round your response to one decimal place).
Transcribed Image Text:The monthly sales for Yazici Batteries, Inc., were as follows: Month Sales Jan Feb Mar 19 21 17 Apr May Jun 12 15 18 Jul 15 Aug Sept 19 20 20 Oct Nov Dec 20 22 | This 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). The 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 most recent month = sales (round your response to one decimal place).
Expert Solution
steps

Step by step

Solved in 2 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS