Question: Explain why. 2. The historical demand for a product is below. Please forecast the demand in April. Month Sales (a) Use a 3-month simple moving

Explain why. 2. The historical demand for a
Explain why. 2. The historical demand for a product is below. Please forecast the demand in April. Month Sales (a) Use a 3-month simple moving average. 1 (January) 33 (b) Use a 3-month weighted moving average with weights of 0.6, 0.3, and 0.1. 2 (February) 36 (c) Use exponential smoothing with a = 0.8 and a March forecast = 37. 3 (March) 39 (d) Find trend line y = atbx, and then forecast demand. (3 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!