A police station had to deploy a policeofficer for an emergency multiple times in the last four evenings.The table below shows the number of emergencies each evening.WeekdayNumber of calls each dayMonday10Tuesday3Wednesday11Thursday14What would be their forecast for Fridayusing a naïve forecasting approach?Forecast for Fridaycalls
Expert Answer
Question- What would be their forecast for Friday using a naïveforecasting approach?
Answer:- As per the Naive method, the forecast for the nextperiod is taken similar to the actual demand for the currentperiod.
Thus for the forecast for Friday will be equal to the number ofcalls made on Thursday i.e. 14
As the answer is:-
Forecast forFriday = 14 calls
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