Question: Problem 3 - 1 5 ( Algo ) Historical demand for a product is: DEMAND January 1 2 February 9 March 1 3 April 1
Problem Algo
Historical demand for a product is:
DEMAND
January
February
March
April
May
June
a Using a weighted moving average with weights of JuneMay and April find the July forecast.
Note: Round your answer to decimal place.
b Using single exponential smoothing with alpha and a June forecast find the July forecast.
Note: Round your answer to decimal place.
d Using the regression equation in d calculate the forecast for July.
Note: Do not round intermediate calculations. Round your answer to decimal place.
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