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

question 28

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 is looking for a forecasting approach that will forecast her demand within 0.5 pizzas.If the actual demand for week #7 was 39 pizzas,which of the combination forecasts came closest to predicting this demand?

• A)simple moving average and weighted moving average forecast
• B)simple moving average and exponentially smoothed forecast
• C)weighted moving average and exponentially smoothed forecast pizzas
• D)week #7 demand of 39 is within 0.5 pizzas for all three of these combination forecasts,and thus all of them are appropriate.

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Definitions:

Carbon Dioxide Emissions

The release of CO2 into the atmosphere, primarily from burning fossil fuels, contributing to the greenhouse effect and climate change.

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The combustion of coal, oil, natural gas, and other fuels derived from geological formations, releasing energy but also pollutants and greenhouse gases.

Air Pollution

The presence in or introduction into the air of a substance which has harmful or poisonous effects.

Hydrogen Ions

Positively charged ions (protons) formed when hydrogen atoms lose their electrons, often playing a significant role in chemical reactions and acidity.