Forecasting

YOU MUST SHOW ALL WORK TO RECEIVE CREDIT. CARRY THROUGH ERRORS WILL IMPACTYOUR SCORE! Please round to TWO decimal points! – DO NOT SUBMIT WITH CROSSED OUTWORK!!!

Christiana Holistic Care has compiled acupuncture appointments for the last 19 periods as shown below. Showing ALL work, complete the questions below.

 (Total: 10 points) 1. What is a naïve forecast for period 20? (1 pt) Answer: State your rationale in ONE sentence. (1 pt) 2. Calculate the 5 period moving average for period 20. (1 pt) Work Area: Answer: Calculate the 10 period moving average for period 20. (1 pt) Work Area: Answer: Which method of these two moving averages would you recommend for use (you must circle one or the other, 5 or 10)? State why in one brief statement. (1 pt) I select: 5PMA 10PMA Reason: 3. Calculate a weighted moving average for period 20 using the following weights, respectivel

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