A chain of pizza stores has had the following sales for take-out food over the last four evenings-Monday, Tuesday, Wednesday, and Thursday-of 29, 25, 35, and 30 pizzas, respectively. What would be their forecast for Friday using a naïve forecasting approach? Select one: a. 30 pizzas. b. 35 pizzas. c. 29.8 pizzas. d. 25 pizzas.

A chain of pizza stores has had the following sales for take-out food over the last four evenings-Monday, Tuesday, Wednesday, and Thursday-of 29, 25, 35, and 30 pizzas, respectively. What would be their forecast for Friday using a naïve forecasting approach? Select one: a. 30 pizzas. b. 35 pizzas. c. 29.8 pizzas. d. 25 pizzas.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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