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  • Answer 5

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    S Lu
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    The document provides daily bread demand data for a baking company over a week as well as the weights to calculate a weighted average. It then calculates the weighted average total demand for the week which is 21,900 loaves. It further provides an exponentially smoothed forecast for next period's demand based on the current period's actual and forecasted demands which is 21,960 loaves.

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    The document provides daily bread demand data for a baking company over a week as well as the weights to calculate a weighted average. It then calculates the weighted average total demand for the week which is 21,900 loaves. It further provides an exponentially smoothed forecast for next period's demand based on the current period's actual and forecasted demands which is 21,960 loaves.

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    8 views1 page

    Answer 5

    Uploaded by

    S Lu
    The document provides daily bread demand data for a baking company over a week as well as the weights to calculate a weighted average. It then calculates the weighted average total demand for the week which is 21,900 loaves. It further provides an exponentially smoothed forecast for next period's demand based on the current period's actual and forecasted demands which is 21,960 loaves.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Answer a.

    For a baking company, Weighted average with weights of .40, .30, .20, and .10.

    (.10) (.20) (.30) (.40)

    Monday 220 + 480 + 690 + 960 = 2,350

    Tuesday 200 + 420 + 660 + 880 = 2,160

    Wednesday 230 + 480 + 690 + 1,000 = 2,400

    Thursday 180 + 380 + 540 + 800 = 1,900

    Friday 190 + 360 + 630 + 800 = 1,980

    Saturday and 280 + 540 + 900 + 1,160 = 2,880


    Sunday

    Answer b- Exponentially smoothed forecast for bread demand=

    21,900 loaves is the answer.

    Answer c- Exponentially smoothed forecast

    Ft+1 = 21,900 + .10(22,500 – 21,900) = 21,900 + .10(600) = 21,960 loaves

    21960 is the answer

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