Sunrise Baking Company markets doughnuts through a chain of food stores and has been experiencing over...
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Sunrise Baking Company markets doughnuts through a chain of food stores and has been experiencing over and under production because of forecasting errors. The following data are their demands in dozens of doughnuts for the past four weeks. The bakery is closed Saturday, so Friday's production must satisfy both Saturday and Sunday demand. Monday 4 Weeks Ago 2,200 2,000 2,300 1,800 1,900 2,800 Monday Monday Tuesday Wednesday Thursday Friday Saturday/Sunday Make a forecast for this week on the following basis: a. Daily, using simple four week moving average (show your answers in the appropriate boxes). (10 points) Tuesday 3 Weeks Ago 2,400 2,100 2,400 1,900 1,800 2,700 Tuesday Wednesday 2 Weeks Ago 2,300 2,200 2,300 1,800 2,100 3,000 Wednesday Thursday b. Daily, using a weighted average of 0.10, 0.20, 0.30, and 0.40 for the past four weeks (show your answers in the appropriate boxes). (10 points) Fri/Sat/Sun Thursday Last Week 2,400 2,200 2,500 Fri/Sat/Sun 2,000 2,000 2,900 Sunrise Baking Company markets doughnuts through a chain of food stores and has been experiencing over and under production because of forecasting errors. The following data are their demands in dozens of doughnuts for the past four weeks. The bakery is closed Saturday, so Friday's production must satisfy both Saturday and Sunday demand. Monday 4 Weeks Ago 2,200 2,000 2,300 1,800 1,900 2,800 Monday Monday Tuesday Wednesday Thursday Friday Saturday/Sunday Make a forecast for this week on the following basis: a. Daily, using simple four week moving average (show your answers in the appropriate boxes). (10 points) Tuesday 3 Weeks Ago 2,400 2,100 2,400 1,900 1,800 2,700 Tuesday Wednesday 2 Weeks Ago 2,300 2,200 2,300 1,800 2,100 3,000 Wednesday Thursday b. Daily, using a weighted average of 0.10, 0.20, 0.30, and 0.40 for the past four weeks (show your answers in the appropriate boxes). (10 points) Fri/Sat/Sun Thursday Last Week 2,400 2,200 2,500 Fri/Sat/Sun 2,000 2,000 2,900
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Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
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