Using the data below, give your answers for the following questions:
Please show work.
Period Demand
2019 June ----- 40
July -------------- 50
August ---------- 40
September ----- 30
___01. Forecast demand for October in 2019 using a 2-months simple
moving average. (3 pts.)
a. 45 b. 35 c. 40 d. 30 e. None
___02. Following trend linear equation is used to predict monthly
demand: Yt = 15 + 10 t. What is the forecast for
October in 2019 if t = 0 in July in 2019? (3 pts.)
a. 55 b. 50 c. 45 d. 40 e. None
___03. Forecast demand for October in 2019 using a 3-months
weighted moving average with weights of 1, 2, and 3
where the heaviest weight for the most recent time period (choose
the nearest value). (5 pts.)
a. 36.7 b. 43.3 c. 40 d. 73.3 e. None
Please show work
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