*more than one answer can be selected*

QUESTION 1 Based on the previous records, the actual demand of product Z in the periods of Jan through May is provided in Table 1. According to the information given, assume that you need to apply forecasting theory and you need to answer the following questions: Table 1. Product Z demand Month Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Demand of Product Z in units 500 550 610 620 660 ? QUESTION 2 To forecast the demand value in June, the relevant information can be converted into the following forecasting equation F(t) = Intercept + Slope *t * where t = 6, June has a month index of 6 F(t) = Intercept + Slope * *t where t refers to June period F(t) Actual demand = , n = 1,2,3,... t refers to June period n F(t) # Intercept + slope *t Ft) + Actual demand in = 1,2,3,... n