Problem 3-4 (Static)An electrical contractor's records during the last five weeks indicate the number of job requests:2 322 18Week:Requests:120421Click here for the Excel Data FilePredict the number of requests for week 6 using each of these methods:a. Naive.522Answer is complete but not entirely correct.Number ofrequests24 Xrequestsb. A four-period moving average. (Round your answer to 2 decimal places.).Answer is complete but not entirely correct.Number of23.25c. Exponential smoothing with a = 0.30. Use 20 for week 2 forecast. (Round your intermediate calculations and finamal nisenel

Given,Week12345Requests2022182122Predict the number of requests for Week 6 using each of these…

Answered: Predict the number of requests for week…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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How can I found the Response rate using the goal seek function to the below question? Question 2-2 (Chapter 2) Continuing the previous problem, use Goal Seek for each value of number mailed (once for 80,000, once for 90,000, and so on). For each, find the response rate that allows the company to break even. Then chart these values, where the number mailed is on the horizontal axis, and the breakeven response rate is on the vertical axis. Explain the behavior in this chart in a brief memo to management. (Winston, 20180101, p. 38) Winston, W. L., Albright, S. C. (20180101). Practical Management Science, 6th Edition. [[VitalSource Bookshelf version]]. Retrieved from vbk://9781337671989
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Predict the number of requests for week 6 using each of these methods: a. Naive. Answer is complete but not entirely correct. Number of requests 24 b. A four-period moving average. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Number of 23.25 X