Solution-Compute the linear trend equation

Compute the linear trend equation

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Reference no: EM131069288

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.

Reference no: EM131069288

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Compute the linear trend equation

Reference no: EM131069288

Reference no: EM131069288

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