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The Past Monthly Demands Are Shown Below

question 6

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The past monthly demands are shown below. The naïve method, that is, the one-period moving average method, is applied to make forecasts. The past monthly demands are shown below. The naïve method, that is, the one-period moving average method, is applied to make forecasts.   If the demand in May appears to be 35, what is the residual (error)  for May? A)  35 B)  0 C)  68.75 D)  6.25 If the demand in May appears to be 35, what is the residual (error) for May?

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