Q5: The following data represent the sales of the National Tigers Company for the period from 2005-2010:201072009 2008 2007 2006 200513the year10141820the sales(a) Draw the equation of the general trend line using the mean-half-series method

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Answered: Q5: The following data represent 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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The monthly sales for Yazici Batteries, Inc., were as follows: Month Sales Jan 19 Feb Mar 17 21 Apr May Jun Jul Aug Sept Oct 12 15 18 15 19 20 20 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). Nov Dec 20 22 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).

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Q5: The following data represent the sales of the National Tigers Company for the period from 2005-2010: 2010 2009 2008 2007 2006 2005 7 the year 10 13 14 18 20 the sales (a) Draw the equation of the general trend line using the mean-half-series method