Table 14.13
The manager of a pizza shop must forecast weekly demand for special pizzas so that he can order pizza shells weekly.Recent demand has been:

-Use the information from Table 14.13.If a three-week weighted moving average were used,what would be the forecast for week 7? (The weights are 0.60,0.30,and 0.10 with 0.60 applied to the most recent period and 0.10 applied to the oldest period. )
A)38.1 pizzas
B)40.1 pizzas
C)42.0 pizzas
D)44.0 pizzas

Question

Table 14.13
The manager of a pizza shop must forecast weekly demand for special pizzas so that he can order pizza shells weekly.Recent demand has been:
 
-Use the information from Table 14.13.If a three-week weighted moving average were used,what would be the forecast for week 7? (The weights are 0.60,0.30,and 0.10 with 0.60 applied to the most recent period and 0.10 applied to the oldest period. )
A)38.1 pizzas 
B)40.1 pizzas 
C)42.0 pizzas 
D)44.0 pizzas

Quizplus · Accepted Answer

To calculate the three-week weighted moving average for week 7, use the formula: (Weight1 * Week6) + (Weight2 * Week5) + (Weight3 * Week4). Assuming the data for weeks 4, 5, and 6 are available, apply the weights 0.60, 0.30, and 0.10 respectively to these weeks' data. The calculation should result in 38.1 pizzas.

Table 14.13 The Manager of a Pizza Shop Must Forecast Weekly Demand