Table 102
the Manager of a Pizza Shop Must Forecast Weekly

question 132

Multiple Choice

Table 10.2
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:
$$\begin{array} { | c | c | } \hline \text { Week } & \begin{array} { c } \text { No. Special } \\\text { Pizzas }\end{array} \\\hline 1 & 50 \\2 & 65 \\3 & 53 \\4 & 56 \\5 & 55 \\6 & 60 \\\hline\end{array}$$
-Demand for a new five-inch color TV during the last six periods has been as follows:
$$\begin{array} { | c | c | } \hline \text { Period } & \begin{array} { c } \text { Demand } \\\text { (Units) }\end{array} \\\hline 1 & 109 \\2 & 110 \\3 & 103 \\4 & 170 \\5 & 81 \\6 & 130 \\\hline\end{array}$$
What is the forecast for period 7 if the company uses the simple moving average method with n = 4?

• A) less than or equal to 115
• B) greater than 115 but less than or equal to 120
• C) greater than 120 but less than or equal to 125
• D) greater than 125

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Definitions:

Nearest Cent

Rounding an amount to the closest cent (1/100th of a currency unit) based on its decimal value.

Arithmetic Operations

Fundamental arithmetic operations such as adding, subtracting, multiplying, and dividing.

Arithmetic Operations

Fundamental arithmetic functions such as add, subtract, multiply, and divide.

Four-Figure Accuracy

Refers to numerical accuracy up to four digits, often used in scientific and mathematical contexts to maintain precision.