Table 14.11
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.

-Use the information in Table 14.11.What is the forecast for period 9 using a naive forecast.
A)$3,728
B)$3,803
C)$4,442
D)$4,085

Question

Table 14.11
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.
 
-Use the information in Table 14.11.What is the forecast for period 9 using a naive forecast.
A)$3,728 
B)$3,803 
C)$4,442 
D)$4,085

Quizplus · Accepted Answer

A naive forecast is simply using the value of the last period as the forecast for the next period. The sales for period 8 is $3,728, so the forecast for period 9 using a naive forecast is also $3,728.

Table 14.11 a Sales Manager Wants to Forecast Monthly Sales of the of the Machines