Question: An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 29 23 23
An electrical contractor's records during the last five weeks indicate the number of job requests:
| Week: | 1 | 2 | 3 | 4 | 5 |
| Requests: | 29 | 23 | 23 | 22 | 31 |
Predict the number of requests for week 6 using each of these methods:
a. Naive.
Number of requests
b. A four-period moving average. (Round your answer to 2 decimal places.) Number of requests
c. Exponential smoothing with = .30. Use 28 for week 2 forecast. (Round your intermediate forecast values and final answer to 2 decimal places.)
| Number of Requests | |
| F3 |
|
| F4 |
|
| F5 |
|
| F6 |
|
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
