Historical demand for product
DEMAND
January February March April May June
Using weighted moving average with weights of 0.50 (June); 0.30 (May); and 0.20 (April), find the July forecast (Round your answer to decimal place)
July forecast
Using simple three-month moving average, find the July forecast (Round your answer to decimal place)
July forecast
Using single exponential smoothing with α = 0.40 and June forecast 13, find the July forecast (Round your answer to decimal place)
July forecast
d. Using simple linear regression analysis, calculate the regression equation for the preceding demand data. (Do not round intermediate calculations. Round your intercept value to decimal place and slope value to 2 decimal places:)