Reference no: EM133640963
Assignment: Case: Redstone Foods M&M Wholesale Case Study Sales Forecasting
This exercise provides you the opportunity to apply several concepts you have learned in Module in addition to Excel skills practice.
Learning Objectives:
A. Identify trends and patterns by analyzing data in an Excel line graph
B. Compare and contrast the performance and accuracy of five sales forecasting models through forecast accuracy analysis
C. Develop conclusions and a forecasting recommendation for a case study issue
D. Compute the labor productivity impact due to a demand shock significantly lowering demand below the forecast and make a recommendation on how to address
E. Create a chart in Excel and insert the chart in a Word document
F. Create a well-written, professional, grammatically correct leadership report
Forecasting Recommendation:
Include the following items in your forecasting recommendation:
A. Assessment of which forecasting model should be used for the remaining three months. Also, consider if there should be action beyond the forecast model, such as a judgmental component or a manual adjustment.
B. Assess the impact of seasonal adjustment factors on the forecasts. Is there evidence that using seasonal adjustment factors will provide value to the forecasts?
C. Consider the forecast accuracy for each quarter of the year. Discuss the impact of an unforeseen significant demand shock on the forecasting models (specifically, look at the 2nd quarterand discuss model performance).
D. Develop a recommendation concerning what Redstone Foods should forecast for the remaining three months of the year.
Create Your Report:
Create your report for Redstone Leadership by following the template provided in the Appendix of this assignment. Follow the template exactly. Remove all instructions.
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