Probleminc sells radio frequency inventory tags monthly, Ask an Expert

Management Studies

Problem:

Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:

Month	Sales (000)Units
Feb	18
Mar	19
Apr	12
May	26
Jun	20
Jul	21
Aug	22

Required:

Question 1) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.)

Questin 2) A five-month moving average. (Round your answer to 2 decimal places.)

Question 3) Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 17(000). (Round your intermediate calculations and final answer to 2 decimal places.)

Question 4) A weighted average using .70 for August, .10 for July, and .20 for June. (Round your answer to 2 decimal places.) Solve the problem and show all work.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91164842

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