Question

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.

Answer 1

a. Predict orders for the following day for each of the products using an appropriate naive method. Blueberry Muffin : The basic naive forecast is 37 Cinnamon Buns : The trend-adjusted naive  forecast is 37 Cupcakes : The  (Click to select)  basic naive  seasonal-adjusted naive  trend-adjusted naive   forecast is 54 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