Question: *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

*more than one answer can be selected* QUESTION 1*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 ? How do you explain the information given in the table above? This table includes information about the demand of product Z in the period of Jan through Dec. The actual demand values in units are provided for Jan through May. The future demand values in June through Dec. are unknown (not provided). The missing demand values can be forecasted only by plotting data and analyzing the demand pattern This table includes information about the demand of product Z in months Jan through May. The demand values in Jan through May, are provided. The demand values in June through Dec. are not provided This table includes information about the demand of product Z in months Jan through May. The demand values provided in Jan through May represents the future values. This table includes information about the demand of product Z in Jan through Dec. The actual demand values in May through Dec. are all known and provided

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