Question: Historical demand for a product is a. Using a weighted moving average with weights of 0.50 (June), 0.30 (May), and 0.20 (April), find the July
Historical demand for a product is a. Using a weighted moving average with weights of 0.50 (June), 0.30 (May), and 0.20 (April), find the July forecast. (Round your answer to 1 decimal place.) b. Using a simple three-month moving average, find the July forecast. (Round your answer to 1 decimal place.) c. Using single exponential smoothing with a=0.40 and a June forecast =12, find the July forecast. (Round your answer to 1 decimal place.)
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