A. Forecast sales in August using the 3-month moving average method. B. Forecast sales for the month of August using the 3-month weighted moving average method. It is known that the weight for the month of July is 0.6; June is 0.3 and May is 0.1. C. Do a forecast for sales in August using the trend projection method.

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 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
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Solve max in 90 minutes the sub parts A,B,C and no reject thank u about Operational Managament

2. The following is monthly sales data for a DEF battery company:
Month
Sales (units)
January
19000
February
18000
March
15000
April
20000
May
18000
June
22000
July
20000
Based on the sales data
A. Forecast sales in August using the 3-month moving average method.
B. Forecast sales for the month of August using the 3-month weighted moving average method. It is known
that the weight for the month of July is 0.6; June is 0.3 and May is 0.1.
C. Do a forecast for sales in August using the trend projection method.
Transcribed Image Text:2. The following is monthly sales data for a DEF battery company: Month Sales (units) January 19000 February 18000 March 15000 April 20000 May 18000 June 22000 July 20000 Based on the sales data A. Forecast sales in August using the 3-month moving average method. B. Forecast sales for the month of August using the 3-month weighted moving average method. It is known that the weight for the month of July is 0.6; June is 0.3 and May is 0.1. C. Do a forecast for sales in August using the trend projection method.
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