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a. Naive b. A four-period moving average c. Exponential smoothing with a = .30; use 20 for week 2 forecast %3D

a. Naive b. A four-period moving average c. Exponential smoothing with a = .30; use 20 for week 2 forecast %3D

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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4. An electrical contractor's records during the last five weeks indicate the number of job requests: Week 4 Requests 20 22 18 21 22 Predict the number of requests for week 6 using each of these methods: a. Naive b. A four-period moving average c. Exponential smoothing with a = .30; use 20 for week 2 forecast %3D
Transcribed Image Text:4. An electrical contractor's records during the last five weeks indicate the number of job requests: Week 4 Requests 20 22 18 21 22 Predict the number of requests for week 6 using each of these methods: a. Naive b. A four-period moving average c. Exponential smoothing with a = .30; use 20 for week 2 forecast %3D
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