For the data given below, what would the naive forecast be for period 5? $$\begin{array} { l l }
\text { Period } & \text { Demand } \
\hline 1 & 58 \
2 & 59 \
3 & 60 \
4 & 61
\end{array}$$
A) 58
B) 62
C) 59.5
D) 61
E) cannot tell from the data given

Question

For the data given below, what would the naive forecast be for period 5? $$\begin{array} { l l } 
\text { Period } & \text { Demand } \
\hline 1 & 58 \
2 & 59 \
3 & 60 \
4 & 61
\end{array}$$
A) 58
B) 62
C) 59.5
D) 61
E) cannot tell from the data given

Quizplus · Accepted Answer

The naive forecast is simply the demand value from the previous period. Since the demand in period 4 was 61, the naive forecast for period 5 would be 61.

For the Data Given Below, What Would the Naive Forecast Period Demand 158259360461\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 1 & 58 \\2 & 59 \\3 & 60 \\4 & 61\end{array} Period 1234​ Demand 58596061​​

For the Data Given Below, What Would the Naive Forecast $\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 1 & 58 \\2 & 59 \\3 & 60 \\4 & 61\end{array}$