Table 14.5 The Manager of a Pizza Shop Must Forecast Weekly Demand

question 168

Multiple Choice

Table 14.5
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 14.5.If a four-week weighted moving average were used,what would be the forecast for week 7? (The weights are 0.60,0.30,0.07,and 0.03 with 0.60 applied to the most recent period and 0.03 applied to the oldest period. )

• A)58 pizzas
• B)60 pizzas
• C)62 pizzas
• D)64 pizzas

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Definitions:

Norms

The unwritten rules and expectations that govern the behavior of individuals within a society or group, guiding what is considered normal or acceptable.

Rules

Prescribed directives or principles meant to govern behavior or processes within a specific context.

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Rules established by a governing authority to regulate conduct.

Phenomenologists

Researchers or philosophers who study phenomenology, which is the exploration of human consciousness and the objects of direct experience.