Question
Consider the following demand patterns. Determine whether each pattern is relatively easy or relatively difficult to forecast accurately. Explain your answer. a. Overall quarterly demand
Consider the following demand patterns. Determine whether each pattern is relatively easy or relatively difficult to forecast accurately. Explain your answer. a. Overall quarterly demand across all product lines for a multinational company. b. Demand for a new technology product with a short product life cycle. c. Monthly demand for a designer dress over an 18-month planning horizon. d. Daily demand for each possible sandwich configuration at a made-to-order sandwich shop. e. Weekly demand for lighting products at a home improvement store's regional distribution center.
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