quantitate analysis

Project Description:

1) the monthly demand (in units) for a product from march until december 2010 are: 496, 525, 662, 647, 666, 733, 853, 858, 858, 923. use the linear trend projection method to predict the demand in january 2011.

note: use at least 4 decimal places in calculation and answer.

the forecasted demand for january 2011 is .....answer units.

2) the actual demand of a product in period 2 through 5 are 481, 537, 491, 576 units, respectively. the forecasted demand for period 3 was 479 units. find the forecast of demand in period 5 using the exponential smoothing model with a smoothing constant of 0.23.

note: use at least 4 decimal places in calculation and answer.
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Price Type: Negotiable

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