The historical demand for the Panasonic Model 304 Pencil Sharpener is January, 80; February, 100; March, 60;

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The historical demand for the Panasonic Model 304 Pencil Sharpener is January, 80; February, 100;

March, 60; April, 80; and May, 90 units.

a. Using a four-month moving average and the Moving Average Excel template, what is the forecast for June?

b. Develop a linear regression model using Excel and compute a forecast for June, July, and August.

c. Compare these results and explain the implications of the regression model.

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ISBN: 9781119392194,9781119392323

2nd Edition

Authors: Nada R. Sanders

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Question Posted: Jan 27, 2024 12:06 PM

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The historical demand for the Panasonic Model 304 Pencil Sharpener is January, 80; February, 100; March, 60;

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a The forecast for June 825 units b cThe regression trend line is flat with a slope of 0 so the regr...View the full answer

Supply Chain Management

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