Table 112
the Manager of a Pizza Shop Must Forecast Weekly

question 70

Multiple Choice

Table 11.2
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:
$\begin{array} { | c | c | } \hline \text { Week } & \begin{array} { c } \text { No. Special } \\\text { Pizzas }\end{array} \\\hline 1 & 50 \\2 & 65 \\3 & 53 \\4 & 56 \\5 & 55 \\6 & 60 \\\hline\end{array}$
-Use the information from Table 11.2. If a four- week weighted moving average were used, what would be the forecast for week 7? (The weights are 0.77, 0.11, 0.11, and 0.01.)

• A) less than or equal to 58
• B) greater than 58 but less than or equal to 59
• C) greater than 59 but less than or equal to 60
• D) greater than 60

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Definitions:

Optimal Choice

The best possible decision or selection made from a set of alternatives, given the constraints and objectives at hand.

Hot Dog Buns

Baked goods specifically designed to hold and serve hot dogs.

Budget Line

A depiction in graphic form of every achievable combination of two commodities that can be acquired based on a specified financial capacity and pricing.

Indifference Curve

An economic graph representing combinations of goods that give a consumer equal satisfaction and utility.