Question: Question 20 (5 points) For the data given below, what would the naive forecast (with a trend) be for period 5? Period Demand 1 7.054

Question 20 (5 points) For the data given below, what would the naive forecast (with a trend) be for period 5? Period Demand 1 7.054 2 7.081 3 7.100 4. 7.088 (Keep three decimal places in your answer) Your Answer: Answer Question 21 (5 points) We have been given the history of shipping costs below. You have been asked to calculate a linear trend line for this data. What is the intermediate solution for the value of b? (Your answer should be an integer) Week 1 2 3 Costs 456645 483300 498417 572632 4 Your Answer: Answer Question 22 (5 points) Your office network has been measured to stay working an average of 2,200 hours with a standard deviation of 285 hours. What is the probability that the network will stay up for 2,800 hours before it fails? (Keep two decimal points in your percentage answer.) Your Answer: Answer Question 23 (5 points) A pottery maker is considering adding a new plant for additional capacity. The proposed facility will have fixed costs of $10000 per month and variable costs of $0.82 per unit produced. Each piece of pottery is sold to retailers at a price that averages $1.07. What monthly volume is needed to break even? Your

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