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1. Historical demand for a product is Month Demand January 12 February 11 March 15 April 12 May 16 June 15 (a) Using a weighted

1. Historical demand for a product is

Month Demand
January 12
February 11
March 15
April 12
May 16
June 15

(a) Using a weighted moving average with weights of 0.60 for June, 0.30 for May, and 0.10 for April, find the July forecast.

(b) Using a simple three-month moving average, find the July forecast.

(c) Using exponential smoothing with a = 0.2 and a June forecast of 13, find the July forecast.

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