Simulate a forecast of demand for days 1 to 7 using b

Management believes there is a seasonal pattern in the above data for the Donut-Hole Shop (see problem 2), with the first two days of a week representing one level; the third and fourth days representing a second level; and the fifth, sixth, and seventh days a third level. Thus, three seasonal factors have been suggested: a. Simulate a forecast of demand for days 1 to 7 using b. Comment on the appropriateness of the forecasts developed.


 

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