Question
Use the model obtained in parts 13 and make forecasts for the following months. Make sure to seasonalize final forecasts. Demand = 9.67 + 0.72(Period)
Use the model obtained in parts 13 and make forecasts for the following months. Make sure to seasonalize final forecasts. Demand = 9.67 + 0.72(Period) + 0.02(DIFF) + 0.60(ADV)
Period Price AIP ADV
Jan. 2023 $9.20 $6.95 $14.5
Feb. 2023 $9.4 $6.60 $15.3
Mar. 2023 $9.10 $7.05 $15.2
| Period | Price | AIP | ADV | DIFF | Seas. Forecast |
| Jan. 2023 | $9.20 | $6.95 | $14.50 | ($2.25) | 79.525 |
| Feb. 2023 | $9.40 | $6.60 | $15.30 | ($2.80) | 80.71 |
| Mar. 2023 | $9.10 | $7.05 | $15.20 | ($2.05) | 81.389 |
Provide a case conclusion based on the above analysis.
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Operations Management
Authors: Gerard Cachon, Christian Terwiesch
1st Edition
1259142205, 978-1259142208
