Question: An electrical contractors records during the last five weeks indicate the number of job requests. Predict the number of requests for week 6 using each

An electrical contractors records during the last five weeks indicate the number of job requests.

Predict the number of requests for week 6 using each of these methods.

Nave forecast method for period 6

A four-period moving average period 6

Weighted Moving (40%, 30%, 20%, 10%)

Exponential smoothing with a smoothing factor of 0.15

Week

Requests (actual demand)

Forecast

1

20

19

2

22

25

3

18

21

4

21

18

5

22

20

6

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