Best Homes is one the largest builders of new residential homes in U.S. with 20,040 new homes
Question:
The case explains the problem facing Best Homes in terms of annual planning and the S&OP process. Forecasting is put in the context of how the forecast will be used. Also, sales projections are being gathered from the field, and the case asks students to reconcile those with the forecasts based on historical data.
1. What forecasting methods should the company consider? Please justify.
2. Use the classical decomposition method to forecast average demand for 2016 by month. What is your forecast of monthly average demand for 2016?
3. Best Homes is also collecting sales projections from each of its regions for 2016? What role should these additional sales projections play, along with the forecast from question 2 in determining the final national forecast?
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Related Book For
Operations management in the supply chain decisions and cases
ISBN: 978-0077835439
7th edition
Authors: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
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