Using a weighted moving average with weights of 0.60 0.30, Ask an Expert

Management Studies

Historical demand for a product is
DEMAND
January 12
February 11
March 15
April 12
May 16
June 15

a. Using a weighted moving average with weights of 0.60, 0.30, and 0.10, find the July forecast.
b. Using a simple three-month moving average, find the July forecast.
c. Using single exponential smoothing with = 0.2 and a June forecast = 13, find the July forecast.Make whatever assumptions you wish.
d. Using simple linear regression analysis, find out the regression equation for the preceding demand data.
e. Using the regression equation in d, find out the forecast for July.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M985910

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