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Predict orders for the following day for each of the products using an appropriate naive method.

Predict orders for the following day for each of the products using an appropriate naive method.

Practical Management Science
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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A commercial bakery has recorded sales (in dozens) for three products, as shown below:
 

Day Blueberry Muffins Cinnamon Buns Cupcakes
1 52 16 68
2 54 15 32
3 53 17 36
4 51 17 71
5 58 20 44
6 51 21 39
7 53 25 38
8 56 22 69
9 49 26 36
10 51 28 36
11 56 29 33
12 52 29 73
13 55 30 39
14 51 31 36
15 55 33 31
 

 

Click here for the Excel Data File

 

 
a. Predict orders for the following day for each of the products using an appropriate naive method.
 

 
Blueberry Muffin Cinnamon Buns Cupcakes : The : The : The forecast is cast is cast is basic naive trend-adjusted naive seasonal-adjusted naive
Transcribed Image Text:Blueberry Muffin Cinnamon Buns Cupcakes : The : The : The forecast is cast is cast is basic naive trend-adjusted naive seasonal-adjusted naive
a. Predict orders for the following day for each of the products using an appropriate nalve method. Blueberry Muffin Cinnamon Buns Cupcakes The The The forecast is forecast is forecast is
Transcribed Image Text:a. Predict orders for the following day for each of the products using an appropriate nalve method. Blueberry Muffin Cinnamon Buns Cupcakes The The The forecast is forecast is forecast is
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