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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 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?

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 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?

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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 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?

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