Question: Problem 3 - 1 5 ( Algo ) Historical demand for a product is: DEMAND January 1 2 February 9 March 1 3 April 1

Problem 3-15(Algo)
Historical demand for a product is:
DEMAND
January 12
February 9
March 13
April 12
May 14
June 13
a. Using a weighted moving average with weights of 0.60(June),0.30(May), and 0.10(April), find the July forecast.
Note: Round your answer to 1 decimal place.
b. Using single exponential smoothing with \alpha =0.10 and a June forecast =11, find the July forecast.
Note: Round your answer to 1 decimal place.
d. Using the regression equation in d, calculate the forecast for July.
Note: Do not round intermediate calculations. Round your answer to 1 decimal place.

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