Monthly demand data for the first eight months of this year are shown in the table...
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Monthly demand data for the first eight months of this year are shown in the table below. Month Demand Jan 133 Feb 183 Mar 285 Apr 640 May 1876 June 2550 July 2700 Aug 3190 a) Please draw a graph of these eight data points. Is there a trend? b) What are the forecasts for September through December using the regression analysis? c) The actual demand for September is 3636 and the actual demand for October is 4242. What is the forecast made at the end of October for the demand in November and December using the Holt's method with a = ß = 0.2? Please use initial values of slope and intercept estimated at the end of August using the regression analysis. Monthly demand data for the first eight months of this year are shown in the table below. Month Demand Jan 133 Feb 183 Mar 285 Apr 640 May 1876 June 2550 July 2700 Aug 3190 a) Please draw a graph of these eight data points. Is there a trend? b) What are the forecasts for September through December using the regression analysis? c) The actual demand for September is 3636 and the actual demand for October is 4242. What is the forecast made at the end of October for the demand in November and December using the Holt's method with a = ß = 0.2? Please use initial values of slope and intercept estimated at the end of August using the regression analysis.
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a I can help you create a graph of the given monthly demand data However I dont have the capability ... View the full answer
Related Book For
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
Posted Date:
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