Consider the following actual and forecast demand levels for Big Mac hamburgers at a local? McD… 1 answer below »
Consider the following actual and forecast demand levels for Big Mac hamburgers at a local? McDonald’s restaurant:
Day Actual Demand Forecast DemandMonday 90.00 90.00Tuesday 73.00 90.00Wednesday 70.00 85.75Thursday 52.00 81.81
Day
Actual Demand
Forecast Demand
Monday
90.0090.00
90.0090.00
Tuesday
73.0073.00
90.0090.00
Wednesday
70.0070.00
85.7585.75
Thursday
52.0052.00
81.8181.81
Friday
minus-
??
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).
