Forrest and Dan make boxes of chocolates for which the demand is uncertain. Forrest says. Thats life.
Question:
a. Use Intuition and judgment to estimate quarterly demand for the fourth year.
b. If the expected sales for chocolates are 14,800 cases for year 4, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. Are any of the quarterly forecasts different from what you thought you would get in part(a)?
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Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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