Question: Demand for a certain product has been stable since the beginning of 2 0 2 0 . We are now at the end of week

Demand for a certain product has been stable since the beginning of 2020. We are now at the end of week 38 and you want to forecast demand in week 39. The weekly demand in the past weeks is as follows:
50.8 in week 38
47.1 in week 37
51.6 in week 36.
Forecast the demand in week 39 using the Naive method. Please use one decimal.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!