Question: Chapter 4: Forecasting Problem In-Class Exercise The manager of a pizza shop must forecast weekly demand for special pizzas so that he can order pizza

Chapter 4: Forecasting Problem In-Class Exercise

Chapter 4: Forecasting Problem In-Class Exercise The manager of a pizza shop must forecast weekly demand for special pizzas so that he can order pizza shells weekly. Recent demand is below.ct-Di-Ft No. Special F -0.1) Ft (-0,2) WEEK Pizzas 30 45 allen 35 40 Develop the exponentially smoothed forecasts using alphas of 0.1 and 0.2, respectively. Determine the mean absolute deviation (MAD) for each forecasting procedure. Which forecasting procedure would you select? Why

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