The Highlands Craft Store makes and sells bowls and mugs that are hand-made by local artisans, at

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The Highlands Craft Store makes and sells bowls and mugs that are hand-made by local artisans, at their craft store and through their website. Since making these items requires a special type of clay and a large amount of individual man-hours, for planning purposes the company would like to forecast future demand, specifically through their website, which has increasingly become the primary source of their sales. Following is the company€™s website demand (in items sold) for the past 36 months.

The Highlands Craft Store makes and sells bowls and mugs

Develop a linear trend forecast model, an exponentially smoothed model (a = 0.20) and a 5-month moving average forecast model and indicate which one seems best to forecast websitedemand.

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Operations and Supply Chain Management

ISBN: 978-1118738542

8th edition

Authors: Roberta S. Russell, Bernard W. Taylor

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