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Calculate the regression equation for the preceding

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Please complete in a excel file as needed and please provide detailed explanation of answers. Thank you!

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 average, find the July forecast.

c. Using a single exponential smoothing with a = 0.2 and 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

Reference no: EM132783723

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