Find a four-period moving average

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Reference no: EM131920569

Problem

An electrical contractor's records during the last five weeks indicate the number of job requests:


Week:	1	2	3	4	5
Requests:	23	25	21	24	25

Predict the number of requests for week 6 using each of these methods:

a. Naive.

Number of requests

b. A four-period moving average. (Round your answer to 2 decimal places.)

Number of requests

c. Exponential smoothing with a = .30. Use 23 for week 2 forecast. (Round your intermediate forecast values and final answer to 2 decimal places.)

Number of Requests
F3
F4
F5
F6

Reference no: EM131920569

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