Table 14.13 The Manager of a Pizza Shop Must Forecast Weekly Demand

question 179

Multiple Choice

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 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 3-week weighted moving average (problems # 125 and 126) ,giving them equal weight.What is her forecast for week #7?

• A)38.05 pizzas
• B)39.5 pizzas
• C)38.5 pizzas
• D)37.55 pizzas

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Definitions:

Short-Term Loan

A loan scheduled to be repaid in less than a year, typically used for immediate or emergency financial needs.

Net Cash Flow

The difference between a company's cash inflows and outflows over a specific period of time.

Interest Payment

Interest Payment refers to the regular payment that a borrower makes to a lender for the use of borrowed money, typically part of the debt's service payments.

Cash Balance

The amount of cash a company has available at any given time, including currency, coins, and balances in checking and savings accounts.