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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).

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
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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11. 

Consider the following actual and forecast demand levels for Big Mac hamburgers at a local​ McDonald's restaurant:
 
                                                                                   
Day
Actual Demand
Forecast Demand
Monday
88.00
88.00
Tuesday
72.00
88.00
Wednesday
68.00
84.00
Thursday
48.00
80.00
Friday
−
​?
Part 2
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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