For the data $(0,100),(1,200),(2,220),(3,220),(4,250),(5,310)$, where the first number in parenthesis is period and the second number is the actual demand, naïve forecast for period 6 will be equal to the
A) 250
B) 280
C) 100
D) 310
E) 370

Question

Quizplus · Accepted Answer

The naïve forecast for a given period is simply the actual demand from the previous period. For period 6, the actual demand in period 5 was 310, making the naïve forecast for period 6 also 310.

For the Data (0,100),(1,200),(2,220),(3,220),(4,250),(5,310)(0,100),(1,200),(2,220),(3,220),(4,250),(5,310)(0,100),(1,200),(2,220),(3,220),(4,250),(5,310) , Where the First Number in Parenthesis Is Period and Parenthesis

For the Data $(0,100),(1,200),(2,220),(3,220),(4,250),(5,310)$ , Where the First Number in Parenthesis Is Period and Parenthesis