The Monthly Sales for SJB Pipes Inc A) Plot the Monthly Sales Data on a Sheet of \begin{array}
The monthly sales for SJB Pipes Inc. were as follows:
A) Plot the monthly sales data on a sheet of paper.
B) Forecast January sales using each of the following:
1) naïve method
2) 3-month moving average.
3) 6-month weighted average using 0.1, 0.1, 0.1, 0.2, 0.2, and 0.3 with the heaviest weights for recent months
4) exponential smoothing using α = 0.3 and a September forecast of 18.
5) a trend projection
C) With the data given, which method would allow you to forecast sales for next March?
Correct Answer:
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