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 20 15 14 13 15 17 18 20 21 20 23 This exercise contains only parts b and c. Part 2 b) The forecast for the next month (Jan) using the naive method = ____ sales (round your response to a whole number). The forecast for the next period (Jan) using a 3-month moving average approach =____ sales (round your response to two decimal places).

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 20 15 14 13 15 17 18 20 21 20 23 This exercise contains only parts b and c. Part 2 b) The forecast for the next month (Jan) using the naive method = sales (round your response to a whole number). The forecast for the next period (Jan) using a 3-month moving average approach = sales (round your response to two decimal places).

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.7: Exponential Smoothing Models

Problem 27P: The file P13_27.xlsx contains yearly data on the proportion of Americans under the age of 18 living...

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Part 2

b) The forecast for the next month (Jan) using the naive method = ____ sales (round your response to a whole number).

The forecast for the next period (Jan) using a 3-month moving average approach =____ sales (round your response to two decimal places).

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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