Question: 1. Prepare a forecast based on the following data for period 6 using each of the following forecasting approaches: a) A Naive forecast b) A

1. Prepare a forecast based on the following data

1. Prepare a forecast based on the following data for period 6 using each of the following forecasting approaches: a) A Naive forecast b) A three periods moving average; c) A weighted average using weights of 20, 30,.50; d) Exponential Smoothing with a smoothing constant of .30; e) Linear Trend. Period 1 2 3 4 5 Demand 60 55 38 42 65

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