Oct 25, 2023
If 600 customers are expected to attend the Red Sox baseball game next Thursday, how many servings of veggie dogs should the park prepare?
To forecast future needs, use the popularity index (the popularity index is the number of servings of an item divided by the total number of servings of all items that day) and multiply it by the expected number of servings/customers (forecast of future needs).
1. 70 / (76 + 86 + 70) = 70 / 232 = 0.3017
2. 0.3017 x 100% = 30.17%
Forecast future needs:
600 x 0.3017 = 181.02 ≈ 181
30.17% of 600 expected customers = 181