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The monthly sales for Yazici Batteries, Inc., were as follows: e) MONTH SALES January February 20 ... 21 com March 15 wer April 14 May 13 June 16 July 17 18 August September 20 October 20 November 21 December 23

The monthly sales for Yazici Batteries, Inc., were as follows: e) MONTH SALES January February 20 ... 21 com March 15 wer April 14 May 13 June 16 July 17 18 August September 20 October 20 November 21 December 23

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...
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. 4.6 The monthly sales for Yazici Batteries, Inc., were as in follows: MONTH SALES in January February 20 21 comp March 15 were: April May 14 13 June 16 17 July August September October 18 20 20 November 21 December, 23
Transcribed Image Text:. 4.6 The monthly sales for Yazici Batteries, Inc., were as in follows: MONTH SALES in January February 20 21 comp March 15 were: April May 14 13 June 16 17 July August September October 18 20 20 November 21 December, 23
CHAPTER 4 FORECASTING DEMAND 185 a) Plot the monthly sales data. b) Forecast January sales using each of the following: i) Naive method. i) A3-month moving average. ii) A 6-month weighted average using .1, .1, 1, .2, .2, and .3, with the heaviest weights applied to the most recent months. iv) Exponential smoothing using an a = 3 and a September forecast of 18. v) A trend projection. c) With the data given, which method would allow you to fore- cast next March's sales?K Irmand for the patients at Omaha
Transcribed Image Text:CHAPTER 4 FORECASTING DEMAND 185 a) Plot the monthly sales data. b) Forecast January sales using each of the following: i) Naive method. i) A3-month moving average. ii) A 6-month weighted average using .1, .1, 1, .2, .2, and .3, with the heaviest weights applied to the most recent months. iv) Exponential smoothing using an a = 3 and a September forecast of 18. v) A trend projection. c) With the data given, which method would allow you to fore- cast next March's sales?K Irmand for the patients at Omaha
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