Question
In: Operations Management
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows:
| Month | Sales (000)Units |
| Feb. | 19 |
| Mar. | 15 |
| Apr. | 8 |
| May. | 17 |
| Jun. | 19 |
| Jul. | 20 |
| Aug. | 22 |
b. Forecast September sales volume using each of the
following:
(1) A linear trend equation.(Round your intermediate
calculations and final answer to 2 decimal places.)
Yt
thousands
(2) A five-month moving average. (Round your answer to 2
decimal places.)
Moving average
thousands
(3) Exponential smoothing with a smoothing constant equal to
.25, assuming a March forecast of 15(000). (Round your
intermediate forecast values and final answer to 2 decimal
places)
Forecast
thousands
(4) The naive approach.
Naive approach
thousands
(5) A weighted average using .65 for August, .10 for July, and
.25 for June. (Round your answer to 2 decimal
places.)
Weighted average thousands
Solutions
keosha answered 1 year agoRelated Solutions
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows: Month Sales
(000)Units Feb. 14 Mar. 20 Apr. 11 May. 22 Jun. 21 Jul. 25 Aug. 16
b. Forecast September sales volume using each of the following:
(1) A linear trend equation.(Round your intermediate
calculations and final answer to 2 decimal places.) Yt
thousands
(2) A five-month moving average. (Round your answer to 2 decimal
places.) Moving average thousands
(3) Exponential smoothing with...
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows:
Month
Sales
(000)Units
Feb.
17
Mar.
20
Apr.
12
May.
22
Jun.
19
Jul.
24
Aug.
26
b. Forecast September sales volume using each of the
following:
(1) A linear trend equation.(Round your intermediate
calculations and final answer to 2 decimal places.)
Yt ______ thousands
(4) The naive approach.
Naive approach _______ thousands
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows:
Month
Sales
(000)Units
Feb.
20
Mar.
17
Apr.
13
May.
28
Jun.
17
Jul.
23
Aug.
26
b.
Forecast September sales volume using each of the
following:
(1)
A linear trend equation.(Round your intermediate
calculations and final answer to 2 decimal places.)
Yt
thousands
(2)
A five-month moving average. (Round your answer to 2
decimal places.
Moving average
thousands
(3)...
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows: Month Sales
(000)Units Feb. 18 Mar. 17 Apr. 15 May. 22 Jun. 15 Jul. 24 Aug. 28
b. Forecast September sales volume using each of the following: (2)
A five-month moving average. (Round your answer to 2 decimal
places.) Moving average thousands (3) Exponential smoothing with a
smoothing constant equal to .20, assuming a March forecast of
18(000). (Round your intermediate calculations and...
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as...
National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows:
Month
Sales
(000)Units
Feb.
19
Mar.
22
Apr.
8
May.
24
Jun.
19
Jul.
27
Aug.
22
b. Forecast September sales volume using each of the
following:
(1) A linear trend equation.(Round your intermediate
calculations and final answer to 2 decimal
places.)
Yt
thousands
(2) A five-month moving average. (Round your answer to 2
decimal places.)
Moving average
thousands...
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: SalesMonth(000)UnitsFeb.19Mar.22Apr.8May.24Jun.19Jul.27Aug .22b. Forecast September sales volume using each of the following: (1) A linear trend equation. (2) A five-month moving average. (3) Exponential smoothing with a smoothing constant equal to .25, assuming a March forecast of 17(000). (4) The naive approach. (5) A weighted average using .50 for August, .15 for July, and.35 for June.
1. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were...
1. National Scan, Inc., sells radio frequency inventory tags.
Monthly sales for a seven-month period were as follows: Month Sales
February 19
March 18
April 19
May 20
June 18
July 21
August 19
Forecast September sales volume using each of the following:
a. The naive approach.
b. A three-month moving average.
c. A weighted average using 0.70 for August, 0.20 for July, and
0.10 for June.
d. Exponential smoothing with a smoothing constant 0.30,
assuming a March forecast of...
Problem # 1 The monthly sales for Telco Batteries Inc. were as follows: Sales Month &
Problem # 1
The monthly sales for Telco Batteries Inc. were as follows:
Sales
Month
(000 units)
January
20
February
21
March
15
April
14
May
13
June
16
July
17
August
18
September 20
October
20
November 21
December 23
Plot the monthly sales data.
Forecast coming January sales using each of the following:
The naïve approach
A 6-month moving average
A 6-month weighted average using 0.1, 0.1, 0.1, 0.2, 0.2 and
0.3, with the heaviest...
ASAP!!!!!!!!! The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar Apr...
ASAP!!!!!!!!!
The monthly sales for Yazici Batteries, Inc., were as follows:
Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 21 21
15 15 11 18 16 18 19 20 23 22 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). The
forecast for the next period (Jan) using a 3-month moving average
approach...
The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period...
The beginning inventory at Dunne Co. and data on purchases and
sales for a three-month period ending June 30 are as follows:
Date
Transaction
Number
of Units
Per Unit
Total
Apr. 3
Inventory
84
$525
$44,100
8
Purchase
168
630
105,840
11
Sale
112
1,750
196,000
30
Sale
70
1,750
122,500
May 8
Purchase
140
700
98,000
10
Sale
84
1,750
147,000
19
Sale
42
1,750
73,500
28
Purchase
140
770
107,800
June 5
Sale
84
1,840
154,560
16
Sale...
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