14. MacRonalds Restaurant uses a monthly exponential smoothing forecast for demand of each of its products. MacRonalds
Question:
14. MacRonald’s Restaurant uses a monthly exponential smoothing forecast for demand of each of its products. MacRonald’s has four product families: burgers, chicken, hoagies, and pizza.
MacRonald’s also asks the shift managers to come up with a forecast for each product family. The exponential forecast for each product and the family forecast are given below.
Family Product Forecast $/Unit Burgers Regular 1,200 1.00 Super 2,700 1.50 Super-Duper 2,100 1.80 Chicken Regular 1,800 2.50 Cajun 2,700 2.75 Hoagies Italian 2,250 3.50 French 1,650 3.00 American 1,350 3.25 Pizza Cheese 750 1.75 Pepperoni 1,200 2.25 Family $ Sales Burgers 10,000.00 Chicken 15,000.00 Hoagies 20,000.00 Pizza 5,000.00
a. Calculate a roll-up of the individual forecasts and compare it to the product family forecast.
Step by Step Answer:
Manufacturing Planning And Control For Supply Chain Management
ISBN: 9780073377827
6th Edition
Authors: F. Robert Jacobs, William Berry, David Clay Whybark, Thomas Vollmann