4. An electrical contractor's records during the last five weeks indicate the number of job requests: Week 1 2 3 4 5 Requests 20 22 18 21 22 Predict the number of requests for week 6 using each of these methods: a. Naive b. A four-period moving average c. Exponential smoothing with a = 30; use 20 for week 2 forecast
4. An electrical contractor's records during the last five weeks indicate the number of job requests: Week 1 2 3 4 5 Requests 20 22 18 21 22 Predict the number of requests for week 6 using each of these methods: a. Naive b. A four-period moving average c. Exponential smoothing with a = 30; use 20 for week 2 forecast
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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