Welder Plus used to have major contracts to produce the Megatron dual chips. The production of dual
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Welder Plus used to have major contracts to produce the Megatron dual chips. The production of dual chips has been declining for the last three years which has contributed to the challenges of forecasting because Welder Plus has not been able to find replacement chips for its product lines. Below is the demand for the past 12 quarters:
2020 | 2021 | 2022 | |||
Q1 | 4800 | Q1 | 3500 | Q1 | 3200 |
Q2 | 3500 | Q2 | 2700 | Q2 | 2100 |
Q3 | 4300 | Q3 | 3500 | Q3 | 2700 |
Q4 | 3000 | Q4 | 2400 | Q4 | 1700 |
Use regression and seasonal indexes (i.e. decomposition technique with linear regression) to forecast demand for the next four quarters for the year 2023. (10 points)
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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