Question: This assignment will take much longer to prepare than the one in chapter 2 . Allow yourself adequate time to complete this assignment. You may
This assignment will take much longer to prepare than the one in chapter Allow yourself adequate time to complete this assignment. You may not want to wait to complete all at once; do each as you review the related material. Try it yourself first before you ask anyone else. Then feel free to contact me for a hint. We could meet online if necessary.
Use Excel to answer all of the following questions:
ABC company records during the past six weeks indicate the number of jobs requests:
WEEK
Requests ACTUAL
Required: Predict the number of requests for Week using each of the following methods:
a Nave
b A fourperiod moving average.
c Exponential smoothing with a Assume that the forecast for Week
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