Answer Happy

The busiest time of the day at the Taco Town fast-food
restaurant is between 11:00 a.m. and 2:00 p.m. Taco Town’s service
is very labor-dependent, and a critical factor for providing quick
service is the number of employees on hand during this three-hour
period. In order to determine the number of employees it needs
during each hour of the three-hour lunch period, Taco Town requires
an accurate forecasting model. Following are the number of
customers served at Taco Town during each hour of the lunch period
for the past 20 weekdays:
Hour
Day
11-12
12-1
1-2
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Develop a forecast model using 5-day moving average,
Exponentially smoothed and Linear trend line and determine
which will best forecast Taco Town’s customer demand for the
next day and determine which model will you
select. (Round answers to 2 decimal places, e.g.
52.75.)
11-12
12-1
1-2
5-day moving average
Exponentially smoothed (α = 0.3)
Linear trend line