Forecasting be particularly important to triangle brick

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Reference no: EM132185694

The Triangle Brick Company is located in Durham, North Carolina. This tour can be accessed from the Triangle Brick home page by clicking on the “Virtual Plant Tour” link on the left side of the page. The tour is an excellent 5 minute, narrated color video that includes all the stages of the manufacturing process from mining shale and clay to delivery of the final product at home sites.

View the video above and answer the following questions in good grammatical form in your word solution file.

1. Why would accurate forecasting be particularly important to Triangle Brick?

2. Explain how forecasting would be related to supply chain management at Triangle’s North Carolina plants.

3. How do you think forecasting might be related to Triangle’s quality management efforts?

4. Do you think Triangle Brick’s forecasts would have experienced any trends over time that could be projected into the future?

5. Which forecasting methods do you think Triangle might be able to use and why?

6. If Triangle used regression to forecast demand for bricks what other variable(s) might demand be related to?

Reference no: EM132185694

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