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.The pizza shop manager is looking for a forecasting approach that will forecast her demand within 0.5 pizzas.If the actual demand for week #7 was 39 pizzas,which of the combination forecasts came closest to predicting this demand?
A) simple moving average and weighted moving average forecast
B) simple moving average and exponentially smoothed forecast
C) weighted moving average and exponentially smoothed forecast pizzas
D) week #7 demand of 39 is within 0.5 pizzas for all three of these combination forecasts,and thus all of them are appropriate.
Correct Answer:
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Q130: Use the data and graph shown below
Q131: Use the data and graph shown below
Q132: _ is the prediction of future events
Q133: Table 14.13
The manager of a pizza shop
Q134: Cyclical patterns arise from _ and _.
Q136: Table 14.13
The manager of a pizza shop
Q137: Use the data and graph shown below
Q138: Table 14.13
The manager of a pizza shop
Q139: Use the data and graph shown below
Q140: Use the data and graph shown below
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