Question: The worksheet Hudson Demand Case Data in MindTap provides the number of visits over one year from January to December (52 weeks). Chart the data

The worksheet Hudson Demand Case Data in MindTapThe worksheet Hudson Demand Case Data in MindTap provides the number of visits over one year from January to December (52 weeks). Chart the data and explain the characteristics of the time series. How would you forecast future demand for customer visits? What criteria will you use to determine a good forecast? What methods would you use, and why? What is your final recommendation with respect to a forecasting method?

Hudson Base Demand Case Data Week Visits Week 15 Week 43 1 Visits 450 393 342 2 16 68 51 74 44 17 45 3 4 18 291 Week 29 30 31 32 33 34 35 36 46 51 103 Visits 239 279 314 342 251 211 325 291 262 5 19 47 6 20 Visits 171 268 467 490 564 479 445 587 576 524 547 462 456 422 211 143 108 48 7 21 108 91 68 49 8 22 80 50 23 57 37 51 9 10 11 52 103 114 148 24 25 97 38 39 40 26 91 63 97 86 57 12 13 194 27 41 42 165 228 14 28

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