(See Solution) Given the following actual time-series data, forecast demand for the next period using the naïve method. Month Sales Jan 12 Feb 14 Mar 10
Question: Given the following actual time-series data, forecast demand for the next period using the naïve method.
| Month | Sales |
| Jan | 12 |
| Feb | 14 |
| Mar | 10 |
| Apr | 16 |
| May | 20 |
| Jun | 21 |
| Jul | 23 |
| Aug | 20 |
| Sep | 18 |
| Oct | 19 |
| Nov | 16 |
| Dec | 15 |
Deliverable: Word Document 
![[See Steps] Given the time-series data in](/images/solutions/MC-solution-library-50075.jpg "[See Steps] Given the time-series data in Problem A, forecast")
[See Steps] Given the time-series data in Problem A, forecast
![[See Steps] Does the (actual) data in](/images/solutions/MC-solution-library-50076.jpg "[See Steps] Does the (actual) data in Problem A have a seasonal")
[See Steps] Does the (actual) data in Problem A have a seasonal
![[Solution Library] True/False section: ___ a. In](/images/solutions/MC-solution-library-50077.jpg "[Solution Library] True/False section: ___ a. In the Economic Order Quantity")
[Solution Library] True/False section: ___ a. In the Economic Order Quantity
![[Solution Library] If demand = 100, ordering](/images/solutions/MC-solution-library-50078.jpg "[Solution Library] If demand = 100, ordering costs = $5, and holding")
[Solution Library] If demand = 100, ordering costs = $5, and holding
![[Solution] Using the EOQ you calculated in](/images/solutions/MC-solution-library-50079.jpg "[Solution] Using the EOQ you calculated in A and the data from A,")
[Solution] Using the EOQ you calculated in A and the data from A,
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