2. Historical demand for a product is a. Using a weighted moving average with weights of 0.60,...
Question:
2. Historical demand for a product is
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, calculate the regression equation for the preceding demand data.
e. Using the regression equation in
d, calculate the forecast for July
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Manufacturing Planning And Control For Supply Chain Management
ISBN: 9780073377827
6th Edition
Authors: F. Robert Jacobs, William Berry, David Clay Whybark, Thomas Vollmann
Question Posted: