Question: Kabwe Play Park opens three days in a week (Friday, Saturday and Sunday). The owners have decided to improve on the time tabling of part-times

Kabwe Play Park opens three days in a week (Friday, Saturday and Sunday). The owners have decided to improve on the time tabling of part-times worker for each of these day. Data on recent traffic at the Park is shown below.

WEEK

1

2

3

4

5

6

Friday

149

154

152

150

159

163

Saturday

250

255

260

268

273

276

Sunday

166

162

171

173

176

183

  1. Use depersonalised data to determine the transactions for the following week.
  2. Explain why this technique is more appropriate for forecasting than the moving average one.
  3. What are main advantages that quantitative techniques for forecasting have over qualitative techniques? What limitations do quantitative techniques have?

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