Question: Please answer c & d Historical demand for a product is as follows: ok April May June July August September DEMAND 50 45 70 50

Please answer c & d Please answer c & d Historical demand for a
Please answer c & d Historical demand for a
Historical demand for a product is as follows: ok April May June July August September DEMAND 50 45 70 50 75 70 aces a. Using a simple four- month moving average, calculate a forecast for October (Round your answer to 2 decimal places.) Forecast for October 66.25 b. Using single exponential smoothing with a = 0.20 and a September forecast - 55, calculate a forecast for October (Round your answer to 2 decimal places.) Forecast for October 58.00 c. Using simple linear regression, calculate the trend line for the historical data. Say the X axis is April = 1, May = 2, and so on, while the Yaxis is demand. (Round your intercept value to the nearest whole number and slope value to 2 decimal places.) Y d. Calculate a forecast for October using your regression formula. (Round your answer to 2 decimal places.) Forecast for October

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!