Consider the following actual and forecast demand levels for Big Mac hamburgers at a local McDonald's restaurant: Day Monday Tuesday Wednesday Thursday Friday Actual Demand Forecast Demand 88.00 72.00 68.00 48.00 88.00 88.00 84.00 80.00 ? The forecast for Monday was derived by observing Monday's demand level and setting Monday's forecast level equal to this demand level. Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.25. Using this exponential smoothing method, the forecast for Big Mac demand for Friday is Big Macs (round your response to one decimal place).

Practical Management Science
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Chapter2: Introduction To Spreadsheet Modeling
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Consider the following actual and forecast demand levels for Big Mac
hamburgers at a local McDonald's restaurant:
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Actual Demand Forecast Demand
88.00
72.00
68.00
48.00
88.00
88.00
84.00
80.00
?
The forecast for Monday was derived by observing Monday's demand
level and setting Monday's forecast level equal to this demand level.
Subsequent forecasts were derived by using exponential smoothing
with a smoothing constant of 0.25. Using this exponential smoothing
method, the forecast for Big Mac demand for Friday is Big Macs
(round your response to one decimal place).
Transcribed Image Text:Consider the following actual and forecast demand levels for Big Mac hamburgers at a local McDonald's restaurant: Day Monday Tuesday Wednesday Thursday Friday Actual Demand Forecast Demand 88.00 72.00 68.00 48.00 88.00 88.00 84.00 80.00 ? The forecast for Monday was derived by observing Monday's demand level and setting Monday's forecast level equal to this demand level. Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.25. Using this exponential smoothing method, the forecast for Big Mac demand for Friday is Big Macs (round your response to one decimal place).
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