BUSI 411 Operations Management Ch 2

rl1an14 Assignment Print Viorv

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Problem 3-2 National Scan, lnc., sells radio frequency inventory tags. Monthly sales fora seven-month period were as follows:

1.

Month Feb. Mar, Apr. May. Jun. J ul. Aug.

Sales (000)tJnfits

15 16 11

26 15 24 6

b. Forecat S€Ssnber sdes vdtrne rcirg edr d the fdloving:

(1) A lins fiend equrafm.(Round lour inbrmediab calculations and final answer lo 2 decimal plam.)

Y1

(2) A fiv+month moving average. (Round your answer to 2 decimal places.)

Moving average thousands

(3) Exponential smoothing with a smoothing constant equal to .20, assuming a March forecast of 17(000). (Round your intermediate forecast values and final answer to 2 decimal places)

Forecast thousands

thousands

thousands

(4) The naive approach.

Naive approach

decimal places.)

Weighted average

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(5) A weighted average using .70 for August, .20 for July, and ,10 for June. (Round your answer to 2

thousands

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