Question

Consider the following actual and forecast demand levels for Big Mac hamburgers at a local McDonald’s restaurant:


The forecast for Monday was derived by observing Monday’s demand level and setting Monday’s forecast level equal to this demand level. Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.25. Using this exponential smoothing method, what is the forecast for Big Mac demand forFriday?


$1.99
Sales14
Views1084
Comments0
  • CreatedJuly 15, 2013
  • Files Included
Post your question
5000