Question: Forecast sales for week 6 using the nave method, a simple average, and a three-period moving average. Hospitality Hotels forecasts monthly labor needs. (a) Given

Forecast sales for week 6 using the nave method,
Forecast sales for week 6 using the nave method,
Forecast sales for week 6 using the nave method, a simple average, and a three-period moving average. Hospitality Hotels forecasts monthly labor needs. (a) Given the following monthly labor figures, make a forecast for June using a three-period moving average and a five- period moving average. Month Actual Values 32 January February March April May (b) What would be the forecast for June using the naive method? fe) If the actual labor figure for June turns out to be 41, what would be the forecast for July using each of these models

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