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

question 97

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 weighted moving average and exponentially smoothed average forecast,giving them equal weight.What is her forecast for week #7?

• A)38.75 pizzas
• B)40.8 pizzas
• C)42.25 pizzas
• D)44.8 pizzas

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Definitions:

Previously Written Off

This term refers to debts or assets that had been removed from an organization's financial statements as losses but may later be recovered or re-evaluated.

Maturity Value

Maturity Value is the amount payable to an investor at the end of a fixed-term investment, including the principal and any interest earned.

Accounts Receivable Turnover

A financial metric used to assess how efficiently a company collects payments from its customers over a given period.

Converted to Cash

The process of liquidating assets or investments into cash or cash equivalents.