Description of this paper

Historical demand for a product is:




2. Historical demand for a product is;Month Demand;January 12;February 11;March 15;April 12;May 16;June 15;a. Using a weighted moving average with weights of 0.60, 0.30, and 0.10, find the July forecast.;b. Using a simple three-month moving average, find the July forecast.;c. Using single exponential smoothing with alpha = 0.2 and a June forecast = 13, find the July forecast. Make whatever assumptions you wish.;d. Using simple linear regression analysis, calculate the regression equation for the preceding demand data.


Paper#33658 | Written in 18-Jul-2015

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