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The Polish Generals Pizza Parlor is a small restaurant catering to patrons with a taste for European pizza. One of its specialties is Polish Prize
The Polish Generals Pizza Parlor is a small restaurant catering to patrons with a taste for European pizza. One of its specialties is Polish Prize pizza. The manager must forecast weekly demand for these special pizzas so that he can order pizza shells weekly. Recently, demand has been as follows:
Week | Pizzas |
June 2 | 60 |
June 9 | 75 |
June 16 | 60 |
June 23 | 50 |
June 30 | 51 |
July 7 | 58 |
- Forecast the demand for pizza for June 23 to July 14 by using the simple moving average method with n = 3.
- Then, repeat the forecast by using the weighted moving average method with n = 3 and weights of 0.60, 0.25, and 0.15, with 0.60 applying to the most recent demand.
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