1. A commercial bakery has recorded sales (in dozens) for three products, shown as follows: Day 1 2 3 4 56 7 8 SOFN345 9 10 12 13 14 15 Blueberry Cinnamon Muffins Buns 30 18 34 17 32 34 35 30 34 36 29 31 35 31 37 34 33 19 19 22 23 23 25 24 26 27 28 29 31 33 Cupcakes 45 26 27 23 22 48 29 20 14 18 47 26 27 24 22 a. Predict orders for the following day for each of the products using an appropriate naive method. Hint: Plot each data b. What should the use of sales data instead of demand imply?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter38: Achievement Review—section Three
Section: Chapter Questions
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1. A commercial bakery has recorded sales (in dozens) for three products, shown as follows:
Day
1
2
34
4
5
19
6
7
8
G F W Ñ = 600
10
12
13
14
15
Blueberry Cinnamon
Muffins
Buns
30
34
32
34
35
30
34
36
29
31
35
31
37
34
33
22
ww~ D G W ~ N
23
23
25
24
26
27
28
29
33
Cupcakes
45
N N N O F ~ ~ ~ ~
26
23
22
29
20
47
26
24
22
a. Predict orders for the following day for each of the products using an appropriate naive method. Hint: Plot each data set.
b. What should the use of sales data instead of demand imply?
Transcribed Image Text:1. A commercial bakery has recorded sales (in dozens) for three products, shown as follows: Day 1 2 34 4 5 19 6 7 8 G F W Ñ = 600 10 12 13 14 15 Blueberry Cinnamon Muffins Buns 30 34 32 34 35 30 34 36 29 31 35 31 37 34 33 22 ww~ D G W ~ N 23 23 25 24 26 27 28 29 33 Cupcakes 45 N N N O F ~ ~ ~ ~ 26 23 22 29 20 47 26 24 22 a. Predict orders for the following day for each of the products using an appropriate naive method. Hint: Plot each data set. b. What should the use of sales data instead of demand imply?
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