Question: Problem 3-4 An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 21
Problem 3-4
| An electrical contractor's records during the last five weeks indicate the number of job requests: |
| Week: | 1 | 2 | 3 | 4 | 5 |
| Requests: | 21 | 23 | 19 | 22 | 23 |
| 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 = .20. Use 21 for week 2 forecast. (Round your intermediate forecast values and final answer to 2 decimal places.) |
| Number of Requests | |
| F3 | |
| F4 | |
| F5 | |
| F6 | |
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