Question: Please solve these 3 questions below- QUESTION 8 A former classmate runs a thriving specialty cake business Kristies Cake Creations . Kristie would like your

Please solve these 3 questions below-

QUESTION 8

A former classmate runs a thriving specialty cake business Kristies Cake Creations. Kristie would like your help with some production planning related activities. You would like to use your experience with her business to demonstrate the skills youve gained during your MBA, and gain clients for a fledgling consulting side gig. She has provided sales data for the last several days and would like you to develop a forecast.

Day

Cupcakes Sold
Monday 145
Tuesday 138
Wednesday 154
Thursday 160
Friday 185
Saturday 210
Sunday 198
Monday 148
Tuesday 140

Forecast Wednesdays sales using simple exponential smoothing. Use alpha of 0.8.

QUESTION 9

Kristie has been forecasting demand using the average daily demand from the past year. Average daily demand = 153, standard deviation =16.

Which forecast is better (hers or the one you computed)? Why?

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QUESTION 10

Which of the following does NOT represent a valid reason for Polaris Industries to seek a new international location to manufacture its side-by-side vehicles?

Reduce labor costs

Reduce responsiveness

Access global talent and skills

Expand into new markets

All of the above are valid reasons for Polaris to seek new international location.

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