Assignment:
The monthly sales for Yazici Batteries, Inc., were as follows:
This exercise contains only parts b and c.
The forecast for the next month (Jan) using the naive method = 23 sales (round your response to a whole number).
The forecast for the next period (Jan) using a 3-month moving average approach = 22 sales (round your response to two decimal places).
The forecast for the next period (Jan) using a 6-month weighted average with weights of 0.10, 0.10, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied to the most recent month = 21.1 sales (round your response toone decimal place).
Using exponential smoothing with alpha = 0.30 and a September forecast of 18.00, the forecast for the next period (Jan) = 21.26 sales (round your response to two decimal places).
Using a method of trend projection, the forecast for the next month (Jan) = sales (round your response to two decimal places).