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Question content area Part 1 The director of a large public library must schedule employees to reshelf books and periodicals checked out of the library.
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Part
The director of a large public library must schedule employees to reshelf books and periodicals checked out of the library. The number of items checked out will determine the labor requirements. The following dat
Month Year Year Year
January
February
March
April
May
June
July
August
September
October
November
December
The director needs a timeseries method for forecasting the number of items to be checked out during the next month.
Part
Suppose that the director considers the best forecast to be the one that minimizes the absolute value of mean bias Upper E overbarE Find the best simple moving average forecast you can using the director's criteria.
Using the director's criteria, the best forecast for the next month is items to be checked out. Enter your response as a whole number.
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