Show transcribed image text The monthly sales for Yazici Batteries, Inc., were as follows: Jan Month Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 24 Sales 19 23 16 15 13 15 17 18 22 21 23 This exercise contains only parts b and c. b) The forecast for the next month (Jan) using the naive method 24 sales (round your response to a whole number) The forecast for the next period (Jan) using a 3-month moving average approach 22.67sales (round your response to two decimal places) = 21.7 sales (round The forecast for the next period (Jan) using a 6-month weighted average with weights of 0.10, 0.10, 0.10, 0.20, 0.20, and 0.30, where the heaviest weights are applied to the most recent month = your response to one decimal place). Using exponential smoothing with a 0.30 and a September forecast of 21.00, the forecast for the next period (Jan) = 22.42 sales (round your response to two decimal places). Using a method of trend projection, the forecast for the next month (Jan) sales (round your response to two decimal places) We don’t have your requested question, but here is a suggested video that might help. Related QuestionThe monthly sales for Telco Batteries, Inc., were as follows in Table 1: Table 1: Monthly Sales Month Sales January 10 February 14 March 15 April 14 May 12 June 10 July 14 August 18 September 20 October 20 November 22 December 23 Forecast January sales using each of the following: a) A 4-month moving average. b) Exponential smoothing using an alpha = 0.25 c) The trend projection model d) Which of the forecast models is better and why? Knowledge Booster Learn more about Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below. Recommended textbooks for you Essentials Of Investments ISBN:9781260013924 Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J. Publisher:Mcgraw-hill Education, FUNDAMENTALS OF CORPORATE FINANCE ISBN:9781260013962 Author:BREALEY Publisher:RENT MCG Financial Management: Theory & Practice ISBN:9781337909730 Author:Brigham Publisher:Cengage Foundations Of Finance ISBN:9780134897264 Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William Publisher:Pearson, Fundamentals of Financial Management (MindTap Cou... ISBN:9781337395250 Author:Eugene F. Brigham, Joel F. Houston Publisher:Cengage Learning Corporate Finance (The Mcgraw-hill/Irwin Series i... ISBN:9780077861759 Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor Publisher:McGraw-Hill Education Essentials Of Investments ISBN:9781260013924 Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J. Publisher:Mcgraw-hill Education, FUNDAMENTALS OF CORPORATE FINANCE ISBN:9781260013962 Author:BREALEY Publisher:RENT MCG Financial Management: Theory & Practice ISBN:9781337909730 Author:Brigham Publisher:Cengage Foundations Of Finance ISBN:9780134897264 Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William Publisher:Pearson, Fundamentals of Financial Management (MindTap Cou... ISBN:9781337395250 Author:Eugene F. Brigham, Joel F. Houston Publisher:Cengage Learning Corporate Finance (The Mcgraw-hill/Irwin Series i... ISBN:9780077861759 Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor Publisher:McGraw-Hill Education |