Need Help ?
Have a Question ?

(Solved): 2 Problem 3-4 An Electrical Contractor's Records During The Last Five Weeks Indicate The Number Of J ...

2 Problem 3-4 An electrical contractors records during the last five weeks indicate the number of job requests: points Week:

2 Problem 3-4 An electrical contractor's records during the last five weeks indicate the number of job requests: points Week: Recuesta: 1 2 3 4 5 30 22 24 21 32 eBook Predict the number of requests for week 6 using each of these methods: a. Naive. Hint Number of requests Print b. A four-period moving average. (Round your answer to 2 decimal places.) Number of requests References c. Exponential smoothing with a = 25. Use 29 for week 2 forecast. (Round your intermediate forecast values and final answer to 2 decimal places.) Number of Requests

Expert Answer


A) Using the naive approach the forecast for a period is equal to the actual value for the immediately previous period. So forecast for week 6 = Actual number of requests in week 5 = 32 B)A four p
We have an Answer from Expert Buy This Answer $6