Forecasting-grad level question

Reference no: EM1398630

Rosa's Italian restaurant wants to develop forecasts of daily demand for the next week. The restaurant is closed on Mondays and experiences a seasonal pattern for the other six days of the week. Mario, the manager has collected information on the number of customers served each day for the past two weeks. If Mario expects total demand for the week to be around 350, what is the forecast for each day of next week?

Number of Customers

Day------Week 1-----Week 2

Tuesday-- 52---------48

Wednes--- 36---------32

Thursday- 35---------30

Friday--- 89---------97

Saturday- 98---------99

Sunday--- 65---------69

Forecasting. Develop a forecasting chart, using MS Excel. Include the steps used in your forecast.

Reference no: EM1398630

Questions Cloud

Holt-winters method forecasting problem : The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows:

Explain symmetrical or complimentary relationship : Create the 1-2 page paper which reviews one of your interpersonal relationships. In short explain the relationship, determine if relationship is symmetrical or complimentary.

Forecasting of operations management : A manager receives a forecast for next year. Demand is projected to be 600 units for the first half of the year and 900 units for the second half.

Is a level of social arrangements only seen in mammals : is when there are several reproductive castes, not just males and females, but for example when there are three kinds of females that all produce their own young in different ways.

Forecasting-grad level question : Rosa's Italian restaurant wants to develop forecasts of daily demand for the next week. Develop a forecasting chart, using MS Excel. Include the steps used in your forecast.

Discuss the types of ecological interactions : Discuss the types of ecological interactions that different species microbes can participate in, whether the interaction is positive, negative or neutral for each party.

Exponentially smoothed forecast : The manager fo the Petroco Service Station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. Compute the two forecast by using MAPD and indicate which seems to be..

Write literary works in present personal literary canon : Write down 350- to 700-word response in which you write the literary works in present personal literary canon, describe how your literary canon has changed.

Explain why dna is the most favorable molecule : Explain why DNA is the most favorable molecule for genetic material and how RNA compares to it in this respect.

User Account

All Pages