What is the seasonalized forecast for each day

Assignment Help Operation Management

Reference no: EM1381515

A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements. These forecasts need to be seasonalized because each day of the week has its own demand pattern. The seasonal relatives for each day of the week are: Monday, 0.445; Tuesday, 0.791; Wednesday, 0.927; Thursday, 1.033; Friday, 1.422; Saturday, 1.478; and Sunday 0.903. Average daily demand based on the most recent moving average is 194 patrons.

What is the seasonalized forecast for each day of next week? (Remember: Seasons are noted as days of the week and not your typical months as we used in class problems.)

Reference no: EM1381515

Questions Cloud

Forecast the number of accidents that will occur : Forecast the number of accidents that will occur in May, using least-squares regression to derive a trend equation.

Post-war embedded liberal compromise : Why did the post-war embedded liberal compromise in monetary policy and finance evolve into a dis-embedded liberal order? Is it destined to remain dis-embedded?

Undergo a process of assimilation : What do members of minority groups gain and lose as they undergo a process of assimilation? What do you think might be some effective ways of attempting to improve contemporary American race relations?

Discussion on blood types : Discuss blood types, the factors in crime situations. Determine what is a criminal case where blood samples were important in the case decision and outcome, what was it about the blood in this situation?

What is the seasonalized forecast for each day : What is the seasonalized forecast for each day of next week, A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements.

Ethnicity and race issues : This attached readings illustrate a variety of ways that race and racial inequality are understood today. Discuss each in detail, how they contrast with one another, how they can also co-exist with one another.

Problems regarding parenting and work : Critically discuss some of the ways in which society might respond to help reduce the problems that arise when both parents work? Should these responses be the responsibility of the parents, the employer, or the government?

Bush doctrine-principle of self-defense : The United Nations Charter allows countries to use force in self-defense. According the "Bush doctrine," the principle of self-defense gives the United States has the right to intervene in countries that might give WMDs to terrorists

Equipment for analyzing the bullet : At a situation, the investigators found a bullet lodged into the window frame above the woman’s desk.What kinds of equipment are forensic scientists most likely to use when analyzing the bullet?

User Account

All Pages