Table 8.8 The Manager of a Pizza Shop Must Forecast Weekly Demand

question 38

Multiple Choice

Table 8.8
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 8.8. The pizza shop manager believes that a combination forecast might improve her ability to predict future demand, and thus improve keeping fresh ingredients on hand. She decides to use the 3-week simple moving average and exponentially smoothed average forecast, giving them equal weight. The smoothing constant is .10 and the previously forecasted demand for week 6 was 39.28 pizzas. What is her forecast for week #7?

• A) 35.5 pizzas
• B) 37.4 pizzas
• C) 38.2 pizzas
• D) 40.2 pizzas

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Charging Order

A legal order granted by a court to a creditor, allowing the seizure of an asset or financial interest of the debtor within a partnership or limited liability company.

Dissociate

is the act of separating or detaching oneself from a relationship, group, or association.

RUPA

The Revised Uniform Partnership Act, which is legislation that provides a legal framework for the operation of partnerships within the United States.

Implied Authority

Authority of an agent that is not explicitly stated but is assumed to be granted in order to perform acts necessary to fulfill the purpose of an agency relationship.