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Individual Case Assignment: Cutting Edge
Mark Lawrence has been pursuing a vision for more than two years. This pursuit began when he became frustrated in his role as director of Human Resources at Cutting Edge, a large company manufacturing computers and computer peripherals. At that time the Human Resources Department under his direction provided records and benefits administration to the 60,000 Cutting Edge employees throughout the United States, and 35 separate records and benefits administration centers existed across the country. Employees contact these records and benefits centers to obtain information about dental plans and stock options, change tax forms and personal information, and process leaves of absence and retirements.
This case was adapted from Hiller, Frederick S. & Mark S. Hillier (2014). Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, 5th ed., McGraw-Hill/Irwin, pp 429-432.
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Trend is the long-term sweep or general direction of movement in a time series. The 3 month moving average forecasting technique is used to forecast the value for nth period by taking the average of (n – 1), (n – 2) and (n – 3) periods. Among the three methods, the error measures was least in three period moving average and hence it can be used for this analysis
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