QUESTION # 7 A small restaurant offers tacos to their patrons. One of their specialties is the Mega Taco Supreme. A weekly forecast of the demand of this special taco is to be made in order for the manager fo order taco shells in time. Recently the demand has been as follows: Week Таcos Week Таcos April 6 April 13 April 20 April 27 May 4 May 11 56 60 65 56 55 50 a. Forecast the demand for the taco for April 27 to May 18 by using the simple moving average method with n-3. Then repeat the forecast by using the weighted moving average method with n=3 and weights of 0.5, 0.3, and 0.2 with 0.5 applied to the most recent demand. b. Calculate the MAD for each method and compare.

Practical Management Science
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Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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QUESTION # 7
A small restaurant offers tacos to their patrons. One of their specialties is the Mega Taco Supreme.
A weekly forecast of the demand of this special taco is to be made in order for the manager to
order taco shells in time. Recently the demand has been as follows:
Week
Tacos Week
Таcos
April 6
April 13
Аpril 20
April 27
May 4
Мay 11
56
60
65
56
55
50
a. Forecast the demand for the taco for April 27 to May 18 by using the simple moving
average method with n-3. Then repeat the forecast by using the weighted moving average
method with n=3 and weights of 0.5, 0.3, and 0.2 with 0.5 applied to the most recent
demand.
b. Calculate the MAD for each method and compare.
Transcribed Image Text:QUESTION # 7 A small restaurant offers tacos to their patrons. One of their specialties is the Mega Taco Supreme. A weekly forecast of the demand of this special taco is to be made in order for the manager to order taco shells in time. Recently the demand has been as follows: Week Tacos Week Таcos April 6 April 13 Аpril 20 April 27 May 4 Мay 11 56 60 65 56 55 50 a. Forecast the demand for the taco for April 27 to May 18 by using the simple moving average method with n-3. Then repeat the forecast by using the weighted moving average method with n=3 and weights of 0.5, 0.3, and 0.2 with 0.5 applied to the most recent demand. b. Calculate the MAD for each method and compare.
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