A commercial bakery has recorded sales (in dozens) for three
products, as shown below:
Day | Blueberry Muffins | Cinnamon Buns | Cupcakes |
1 | 30 | 17 | 46 |
2 | 33 | 16 | 12 |
3 | 32 | 18 | 16 |
4 | 32 | 18 | 49 |
5 | 35 | 21 | 22 |
6 | 32 | 22 | 17 |
7 | 31 | 24 | 14 |
8 | 38 | 22 | 51 |
9 | 29 | 25 | 18 |
10 | 33 | 26 | 18 |
11 | 38 | 26 | 11 |
12 | 32 | 27 | 54 |
13 | 39 | 29 | 17 |
14 | 32 | 33 | 14 |
15 | 37 | 35 | 12 |
a. Predict orders for the following day for each of the
products using an appropriate naive method.
Blueberry Muffin | : The (Click to select) trend-adjusted naive basic naive seasonal-adjusted naive forecast is | |
Cinnamon Buns | : The (Click to select) seasonal-adjusted naive basic naive trend-adjusted naive forecast is | |
Cupcakes | : The (Click to select) basic naive seasonal-adjusted naive trend-adjusted naive forecast is | |
b. What should the use of sales data instead of
demand imply?
The use of sales data instead of demand implies that (Click to select) sales demand adequately reflect (Click to select) demand sales . We are assuming that no stock-outs occurred because demand equals sales if there are no shortages.
a. Predict orders for the following day for each of the products using an appropriate naive method.
b. The use of sales data instead of demand implies that sales adequately reflect demand. We are assuming occurred because demand equals sales if there are no shortages |
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A commercial bakery has recorded sales (in dozens) for three products, as shown below: Day Blueberry...
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 52 15 32 3 52 17 36 4 52 17 71 5 56 20 44 6 52 21 39 7 54 25 38 8 58 22 71 9 49 26 38 10 53 28 36 11 59 29 33 12 53 29 70 13 58 30 39 14 51 32 36 15 52 34 33...
A commercial bakery has recorded sales (in dozens) for three products, as shown below Cinnamon Buns Cupcakes Day Blueberry Muffins 1E 14 12 2 31 16 16 33 16 4 31 48 22 21 5 39 23 16 6 30 12 7 32 23 36 22 4 8 17 29 24 19 10 32 24 10 11 38 25 12 31 2" 50 13 35 3C 18 14 33 31 15 15 34 33 13 a. Predict orders for the...
the answers that are filled in are correct. please determine which naive method was used for the cinnamon buns and cupcakes. the choices are: trend-adjusted naive, seasonal-adjusted naive or basic naive. (the answer is not basic naive for cinnamon buns and cupcakes, i tried and got the wrong answer when i selected that option) Problem 3-1 A commercial bakery has recorded sales in dozens) for three products, as shown below. Blueberry Muffins 52 Cinnamon Buns Cupcakes 58 a. Predict orders...
48 57 Amy Bakery has four shops in different area in a city. Monthly sales (in thousands of dollars) from a random of 24 months from each of the 4 shops given in Table 1. Table 1: Monthly sales (in thousands of dollars) North East South West 77 75 97 60 45 42 60 54 56 49 68 47 44 39 58 57 63 61 69 51 75 63 79 50 90 81 99 73 32 47 46 41 41...
Game Point_Differential Assists Rebounds Turnovers Personal_Fouls 1 15 15 38 11 9 2 36 20 43 8 13 3 16 21 29 7 13 4 45 22 46 11 11 5 12 11 40 7 22 6 -10 10 31 13 26 7 11 19 45 11 7 8 12 16 32 16 14 9 3 16 27 18 15 10 19 9 34 17 17 11 40 16 41 9 17 12 44 12 29 9 22 13 16 ...
Examples 1,2,3 1. Beyond Tea Inc. wants to forecast sales of its menthol green tea. The company is considering either using a simple mean or a three-period moving average to forecast monthly sales. Given sales data for the past 10 months use both forecasting methods to forecast periods 7 to 10 and then evaluate each. Which method should they use? Use the selected method to make a forecast for month 11. (Show all calculations .... Please read Examples1, 2, 3...
Orchard Relief is a product that is designed to improve sleep at night. The company, Eli Orchard, is guessing that sales of the product is somewhat related to sleeping patterns of customers over the days of the week. Before mass production of the product, Eli Orchid has market-tested Orchid Relief in only Orange County over the past 8 weeks. The weekly demand is recorded. Eli Orchid is now trying to use the sales pattern over the past 8 weeks to...
Orchard Relief is a product that is designed to improve sleep at night. The company, Eli Orchard, is guessing that sales of the product is somewhat related to sleeping patterns of customers over the days of the week. Before mass production of the product, Eli Orchid has market-tested Orchid Relief in only Orange County over the past 8 weeks. The weekly demand is recorded. Eli Orchid is now trying to use the sales pattern over the past 8 weeks to...
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