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.
C
You might also like to view...
A company produces 1000 packages of chicken feed per month. The sales price is $5 per pack. Variable cost is $1.50 per unit, and fixed costs are $1800 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $1.80 per unit, and fixed costs will increase by 20%. The CEO wants to price the new product at a level that will bring operating income up to $3000 per month. What sales price should be charged? (Round your answer to the nearest cent.)
A) $3.50 B) $6.96 C) $5.00 D) $3.20
Globalization refers to the processes by which goods, services, capital, people, information, and ideas
A. flow across national borders. B. are similar in various markets. C. affect corporate culture. D. are onshored and offshored. E. are integrated through IMF facilitation.
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the payback period for the purchase.
A. 8.7 years. B. 5.4 years. C. 4.2 years. D. 7.3 years. E. 3.8 years.
What is the value of a preferred stock that pays a $5.55 dividend to an investor with a required rate
of return of 10%? A) $45 B) $27.83 C) $22.22 D) $55.50