Course Solutions Uncategorized (Answered) : Part 1 Weekly Demand Hamburgers Fast Food Latest Six Weeks Recorded Following Table Questi Q33064413

(Answered) : Part 1 Weekly Demand Hamburgers Fast Food Latest Six Weeks Recorded Following Table Questi Q33064413

Part 1-

The weekly demand for hamburgers at a Fast-food during thelatest six weeks has been recorded in the following table

Week Demand650 521563 735 514596

Question 1.

a. Forecast the demand for week 7 by using a five-period movingaverage.

b. Forecast the demand for week 7 by using a three-periodweighted moving

average. Use the following weights to obtain your forecast:W1 =0 .5, W2=0.3,

W3 =0.2.

c. Forecast the demand for week 7 by using exponentialsmoothing. Use an alpha

value of 0.1 and assume that the forecast for week 6 was 600units.

Part 2:

This fast food company has a labor force of 10, which canproduce 500

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