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 forocos Contombor u lumo ucin gach of the

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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(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
16.25 thousands
(5) A linear trend equation. (Round your intermediate
calculations and final answer to 2 decimal places.)
Yt
38.00 thousands
Transcribed Image Text:(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 16.25 thousands (5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.) Yt 38.00 thousands
Problem 3-2 (Algo)
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows:
Month
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sales
(000) Units
15
18
12
20
23
23
27
Click here for the Excel Data File
Forocact Sontombor salos volumo using each of tho
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: Month Feb. Mar. Apr. May. Jun. Jul. Aug. Sales (000) Units 15 18 12 20 23 23 27 Click here for the Excel Data File Forocact Sontombor salos volumo using each of tho
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