Question: National Scan, Inc., sells ratio frequency inventory tags. Monthly sales for a 6-month period were as follows:
|
Month:
|
Sales
|
|
Feb
|
65
|
|
Mar
|
66
|
|
Apr
|
69
|
|
May
|
69
|
|
Jun
|
70
|
|
Jul
|
73
|
Use an appropriate forecasting method to prepare forecast Sales.
a) The May forecast by using the appropriate forecasting method is (in 4 decimal places).
b) The August forecast by using the appropriate forecasting method is (in 4 decimal places).