3. Sales (in thousands) of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: Week Sales 1 18.6 2 21.4 3 25.2 4 22.4 5 24.6 6 19.2 7 21.7 8 23.8 a) Use Naïve forecast, compute the accuracy measures and what is the forecast for week 9

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Step-by-step explanation:

Given that;

Sales (in thousands) of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: WeekSales 118.6 221.4 325.2 4 22.4 524.6 619.2 721.7 823.8 a) Use Naïve forecast, compute the accuracy measures and what is the forecast for week 9

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the answer is 62.8 cubic units