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15. Historical demand for a product is January February March April May June Demand 12 11 15 12 16 15 a. Using a weighted moving
15. Historical demand for a product is January February March April May June Demand 12 11 15 12 16 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 a = 0.2 and a June forecast = 13, find the July forecast. Make whatever assumptions you wish. d. Using simple linear regression analysis, calculate the regression equation for the pre- ceding demand data. e. Using the regression equation in d, calculate the forecast for July. 1100
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