demand forecasting, Supply Chain Management

Assignment Help:
As1. Ms. Winnie Lin’s company sells computers. Monthly sales for a six-month period are
as follows:
MONTH SALES
Jan 18,000
Feb 22,000
Mar 16,000
Apr 18,000
May 20,000
Jun 24,000
a. Plot the monthly data on a sheet of graph paper.
b. Compute the sales forecast for July using the following approaches: (1) a four-month
moving average; (2) a weighted three-month moving average using .50 for June, .30
for May and .20 for April; (3) a linear trend equation (4) exponential smoothing
with a (smoothing constant) equal to .40, assuming a February forecast of 18,000
c. Which method do you think is the least appropriate? Why?

Related Discussions:- demand forecasting

The marginal production cost, A publisher sells books to Borders at $12 eac...

A publisher sells books to Borders at $12 each.  Borders prices the book to its customers at $24 and expects demand over the next 2 months to be normally distributed, with a mean o

Discuss the three components of dss, Question 1 Describe the important inv...

Question 1 Describe the important inventory management techniques that are used in business Question 2 Discuss the seven steps that comprise a process to develop and deploy s

Strategic International Business Management, Helo I wanted to make payment ...

Helo I wanted to make payment for my final assignment by 12 December 2018

Calculate long-run aggregate, 1. Explain whether each of the following even...

1. Explain whether each of the following events will increase, decrease, or have no effect on long-run aggregate supply. Canada experiences a wave of immigration. Provinci

Transportation, Add a dummy supply source to make it a balanced problem. Us...

Add a dummy supply source to make it a balanced problem. Use the least cost method and determine a shipping schedule and total cost of transportation

Diving, supply chain of diving by Adrenalin Snorkel Dive

supply chain of diving by Adrenalin Snorkel Dive

Describe the activities and levels of the food supply chain, Describe the a...

Describe the activities and levels of the food supply chain. Food Supply management - activities in the Food supply chain - Production, Consolidation Logistics, Further consol

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd