Question: NAIVE forecasting Sales Data Assume each data point is a specific time period. Period 1 2 3 4 5 6 7 8 9 10 11

 NAIVE forecasting Sales Data Assume each data point is a specific

NAIVE forecasting Sales Data Assume each data point is a specific time period. Period 1 2 3 4 5 6 7 8 9 10 11 12 13 Order 10 12 12 13 13 15 15 14 16 16 15 17 ???? Available Your Score Question # Points Provide a quick explanation on how you arrived at such answer. 4 0 1 What might be a naive sales forecast for period 13, based on the information provided? 4 0 2 Under what circumstance might might 16 be a good "naive" forecast for period 13? Provide reasonings why the following forecasts are "justified" (according to math equations to derive such forecast): Period 13 Justification or Explanation W Forecast is: 10 15 w w w w oooo 5 14 6 16 20 0

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