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The data below relates the production of items in a certain factory for a period of 10 months.
Month
1
2
3
4
5
6
7
8
9
10
Quantity[000]
30
28
36
40
34
48
54
58
56
66
Required-
A] Compute the linear trend equation using the method of least squares.
B] Compute the trend values of each month using the trend line equation.
C] Compute the monthly demand forecast for 4th month through 11th month using a simple 3-month moving average.
D] Compute the monthly demand forecast for4th month through 11th month using a 3-month weighted moving average. Use weights of 0.6, 0.3, and 0.1.
E] Compute the monthly demand forecast for 4th month through 11th month using a simple 3-month moving average.
Which would fill both containers all the way.
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