Question: The table below contains historical demand data by week (most recent data at the bottom). What is the Naive Method forecast for next week? Round
The table below contains historical demand data by week (most recent data at the bottom). What is the Naive Method forecast for next week? Round your answer to up to the next whole number. For example 1519, not 1518.7
| 1 | 1542 |
| 2 | 1615 |
| 3 | 1575 |
| 4 | 1,547 |
The table below contains actual sales data for the past five days. What the 5 day simple moving average forecast? Round your answer to the nearest whole number
| Mon | 71 |
| Tue | 81 |
| Wed | 61 |
| Thu | 66 |
| Fri | 98 |
The table below contains actual sales data for the past five days. Compute a 3 day weighted moving average forecast? Use weights .5, .3 & .2 (.5 for the most recent period). Round to nearest whole number
| Mon | 591 |
| Tue | 916 |
| Wed | 767 |
| Thu | 724 |
| Fri | 854 |
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