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Business, 18.10.2020 09:01 jazminefeblez

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 a = .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?

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Answers: 1

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A) Plot the monthly sales data. b) Forecast January sales using each of the following:
i) Nai...
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