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Given is a historical time series for job services demand in the prior 6 months. Month Demand 1 789 2 738 3 806 4 738

Given is a historical time series for job services demand in the prior 6 months.

Month

Demand

1 789
2 738
3 806
4 738
5 798
6 768

Use the table below to answer all questions

Month Demand Forecast
1 789 F1
2 738 F2
3 806 F3
4 738 F4
5 798 F5
6 768 F6
7 F7

If the demands forecast is Not Possible (NP) to generate for a particular month, then you must type in NP as your answer. a) The F3 by using Nave forecasting method = _________ b) The F3 by using 2 months moving average =___________ (in 2 decimal places) c) The F4 by using Nave forecasting method = ____________ d) The F4 by using 4 months moving average = ___________ (in 2 decimal places) e) The F6 by using 3 months moving average = _________ (in 2 decimal places) f) The F7 by using 4 months moving average = ___________ (in 2 decimal places)

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