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The monthly sales for Yazici Batteries, Inc
The monthly sales for Yazici Batteries, Inc., were as follows:
| MONTH | SALES |
| January | 20 |
| February | 21 |
| March | 15 |
| April | 14 |
| May | 13 |
| June | 16 |
| July | 17 |
| August | 18 |
| September | 20 |
| October | 20 |
| November | 21 |
| December | 23 |
Top of Form
a)Plot the monthly sales data.
b)Forecast January sales using each of the following:
i)Naive method.
ii)A 3-month moving average.
iii)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 α = .3 and a September forecast of 18.
v)A trend projection.
c)With the data given, which method would allow you to forecast next March’s sales?
Expert Solution
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