National Scan, Inc. sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: (see photo)

Forecast September sales volume using each of the following:

1. A weighted average using 0.45 for August, 0.20 for July, and 0.35 for June (round answer to 2 decimal places)

2. A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)

National Scan Inc sells radio frequency inventory tags Monthly sales for a sevenmonth period were as follows see photo Forecast September sales volume using eac class=

Respuesta :

The forecast for September sales volume under the naive approach will be 26000 units.

How to calculate forecast

From the complete information, under the naive approach, the actual demand of the previous month will be the forecast for September. This will be 26000 units.

By using the five months moving average, the forecast will be:

= (26 + 28 + 19 + 25 + 12) / 5

= 22

Therefore, this will be 22000 units.

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