Predict the number of requests for week 6 using each of these methods: a. Naive. Answer is complete but not entirely correct. Number of requests 24 b. A four-period moving average. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Number of 23.25 X
Predict the number of requests for week 6 using each of these methods: a. Naive. Answer is complete but not entirely correct. Number of requests 24 b. A four-period moving average. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Number of 23.25 X
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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Transcribed Image Text:Problem 3-4 (Static)
An electrical contractor's records during the last five weeks indicate the number of job requests:
2 3
22 18
Week:
Requests:
1
20
4
21
Click here for the Excel Data File
Predict the number of requests for week 6 using each of these methods:
a. Naive.
5
22
Answer is complete but not entirely correct.
Number of
requests
24 X
requests
b. A four-period moving average. (Round your answer to 2 decimal places.).
Answer is complete but not entirely correct.
Number of
23.25
c. Exponential smoothing with a = 0.30. Use 20 for week 2 forecast. (Round your intermediate calculations and fina
mal nisenel
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