1. Appropriate forecasting model and methods for Product A. a. How did you select your parameters? Justify your selection. b. Generate forecasts through December 2022. 2. Appropriate workforce plan. a. Use your forecasts for Product A in combination with the forecasts for the other products (provided). b. Why did you select the strategy you did? Justify why it is best. 3. Appropriate inventory control policy for Product A (only). a. Why did you select this type of policy (should fit the behavior of the data)? b. What is the resulting plan (how much to order and when?)

\begin{tabular}{|l|r|} \hline SS & 200 \\ \hline starting agg inv & 400 \\ \hline start \# worker & 20 \\ \hline hire cost & $1,000 \\ \hline fire cost & $1,600 \\ \hline regular time \$/hr & $25.00 \\ \hline inv \$/agg/mo & $2.00 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Produuct & Hours per unit to produce \\ \hline A & 0.81 \\ \hline B & 2.16 \\ \hline C & 1.97 \\ \hline D & 1.54 \\ \hline \end{tabular} \begin{tabular}{|r|c|} \hline Probability of not stocking out = & 97% \\ \hline cost to place an order = & $50 \\ \hline 1= & 75% \\ \hline per unit price = & $8 \\ \hlineMAD= & 0.15 \\ \hline lead time = & 4 days \\ \hline \end{tabular}