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Forecast demand for units. Would a naive forecast produce better results?

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A manager has been using a certain technique to forecast demand for word processing units for the past six periods. Actual and predicted amounts are shown below. Would a naive forecast have produced better results?


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Solution Summary

The solution discusses several forecasting methods, and draws a conclusion about the viability of a naive forecast.

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There are many types of naive forecasts. Simple (next period same as this period), change (rate of growth determined by change between two period). In this situation, it appears that a simple naive forecast is ...

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