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A two year sales history by quarter for a seasonal product is given below.
Sales Quarter First Year Second Year
1 30 42
2 48 58
3 60 74
4 35 44
a) Using Winter's method, forecast the quarterly sales for the third year.
b) Assume that the actual sales for the first quarter of year 3 is 48 units. What is the revised forecast for the second quarter of the third year? Use a=?=?=0.2.
c) Assume the following actual sales occurred during third year.
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1. What you think might be the order winning and order qualifying criteria for: McDonald's, Southwest Airlines and a university? Answer:
Historical demand for a product is:January DEMAND 12 / February DEMAND 11/March DEMAND15/ April DEMAND 12/ May DEMAND 16 /June DEMAND 15 a. Using a weighted moving average with
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where are the answers to these questions on this page? http://www.expertsmind.com/questions/answers-please-301108350.aspx#
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