Homework Help

Business
Operations Management
given is a historical time series for job services demand...

Question: given is a historical time series for job services demand...

Question details

Given is a historical time series for job services demand in the prior 6 months. Month Demand 736 701 812 735 785 736 Use the table below to answer all questions: Month Demand Forecast 736 701 812 735 785 736 F1 F2 F3 F4 F5 F6 F7 4 If the demands forecast is Not Possible (NP) to generate for a particular month, then you must type in NP as your answer. a) The F3 by using Naïve forecasting method b) The F3 by using 2 months moving average c) The F4 by using Naïve forecasting method (in 2 decimal places)

701 812 735 785 736 Use the table below to answer all questions: Month Demand Forecast 736 701 812 735 785 736 F1 F2 F3 F4 F5 F6 F7 4 If the demands forecast is Not Possible (NP) to generate for a particular month, then you must type in N P as your answe a) The F3 by using Naïve forecasting method- b) The F3 by using 2 months moving average- c) The F4 by using Naïve forecasting method d) The F4 by using 4 months moving average- e) The F6 by using 3 months moving average- f) The F7 by using 4 months moving average- (in 2 decimal places) (in 2 decimal places) (in 2 decimal places)

Solution by an expert tutor

Blurred Solution

This question has been solved

Subscribe to see this solution