Question: Problem Assignment Demand Forecasting (Total points: 10) Historical demand for a product is as follows: Time Period 1 2 3 Month April May June July

Problem Assignment Demand Forecasting (Total

Problem Assignment Demand Forecasting (Total points: 10) Historical demand for a product is as follows: Time Period 1 2 3 Month April May June July August September Demand 60 55 75 60 80 75 4 5 6 a) Using a simple four-month moving average, calculate a forecast for October. (2 points) b) Using single exponential smoothing with a=0.2 and a September forecast = 65, calculate a forecast for October. (2 points) c) Using linear regression analysis, calculate the trend line (least squares equation) for the historical data. (X- Axis represents time period and Y axis represents demand. (4 points) d) Calculate a forecast for October using the regression equation obtained in part (c). (2 points)

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