A Drive-In Restaurant Has Experienced the Following Customer Loads on the Past

question 48

Multiple Choice

A drive-in restaurant has experienced the following customer loads on the past 8 Friday nights. If their forecast for period 7 was 59 customers, then what is their forecast for period number 8 using a smoothing constant of 0.7? $$\begin{array} { | c | c | } \hline \text { Friday } & \text { \# Customers } \\\hline 1 & 49 \\\hline 2 & 55 \\\hline 3 & 57 \\\hline 4 & 59 \\\hline 5 & 56 \\\hline 6 & 61 \\\hline 7 & 62 \\\hline 8 & 63 \\\hline\end{array}$$

• A)61.10
• B)62.43
• C)59.90
• D)60.83

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Definitions:

Rollout Program

The strategic release or launch of a new product, service, or policy across different regions or markets.

Contingency Plan

is a strategy or procedure prepared in advance to manage and mitigate the impact of possible future events, emergencies, or risks.

Metropolitan Markets

Urban areas that typically have a large consumer base and offer a wide range of goods and services.

Appendices Section

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