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 | [removed] thousands |
(2) | A five-month moving average. (Round your answer to 2 decimal places.) |
Moving average | [removed] thousands |
(3) | Exponential smoothing with a smoothing constant equal to .40, assuming a March forecast of 16(000). (Round your intermediate forecast values and final answer to 2 decimal places) |
Forecast | [removed] thousands |
(4) | The naive approach. |
Naive approach | [removed] thousands |
(5) | (Round your answer to 2 decimal places.) |
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