Question 5
- Given is a historical time series for job services demand inthe prior 6 months.
|
Month |
Demand |
|
1 |
799 |
|
2 |
816 |
|
3 |
789 |
|
4 |
814 |
|
5 |
815 |
|
6 |
805 |
- Use the table below to answer all questions:
|
Month |
Demand |
Forecast |
|
1 |
799 |
F1 |
|
2 |
816 |
F2 |
|
3 |
789 |
F3 |
|
4 |
814 |
F4 |
|
5 |
815 |
F5 |
|
6 |
805 |
F6 |
|
7 |
F7 |
- If the demands forecast is Not Possible (NP) to generate for aparticular month, then you must type in NP as your answer.
a) The F3 by using Naïve forecasting method
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