Question: 1. Forecast demand for Year 4. a. Explain what technique you utilized to forecast your demand. b. Explain why you chose this technique over others.

1. Forecast demand for Year 4.

a. Explain what technique you utilized to forecast your demand.

b. Explain why you chose this technique over others.

1. Forecast demand for Year 4. a. Explain what technique you utilized

Year 3 Year 1 Year 2 Actual Actual Actual Forecast Forecast Forecast Demand Demand Demand Week 1 52 57 63 55 66 77 Week 2 49 58 68 69 75 65 Week 3 47 50 58 65 80 74 Week 4 60 53 58 55 78 67 57 Week 5 49 57 64 76 77 52 Week 6 51 65 57 68 67 68 Week 7 59 54 66 77 72 Week 8 80 56 50 59 70 75 Week 9 57 46 64 66 78 68 Week 10 50 57 63 61 65 77 74 Week 11 58 48 61 61 78 Week 12 53 70 60 55 68 72 Week 13 78 63 87 70 84 82 Week 14 76 77 73 89 90 83 69 Week 15 65 85 84 81 Week 16 79 69 82 85 97 86 Week 17 71 60 73 70 86 80 Week 18 72 69 89 87 88 82 Week 19 80 76 79 71 82 80 73 Week 20 71 65 83 90 98 Week 21 84 79 63 89 83 84 Week 22 75 77 60 78 93 92 99 Week 23 62 76 88 79 91 Week 24 79 71 83 85 95 91 73 77 82 Week 25 67 75 96 Week 26 67 70 88 74 89 89 Week 27 79 66 87 85 96 88 Week 28 95 81 108 83 119 105 Week 29 81 80 107 100 105 101 Week 30 95 88 102 86 101 100 Week 31 88 84 91 87 115 119 Week 32 93 90 97 89 103 116 92 Week 33 88 107 98 119 120 93 Week 34 94 82 98 111 105 Week 35 83 89 91 97 106 112 Week 36 89 93 92 83 112 120 Week 37 80 91 100 88 100 103 Week 38 88 91 108 80 120 109 56 Week 39 57 68 65 79 77 70 Week 40 51 56 60 75 65 Week 41 49 46 64 67 72 66 59 Week 42 60 52 70 65 73 58 Week 43 47 65 62 67 74 56 Week 44 52 45 59 69 78 Week 45 48 51 66 67 77 80 Week 46 50 57 66 70 69 78 Week 47 52 59 58 65 68 74 Week 48 58 45 64 63 67 67 Week 49 50 58 56 61 72 69 Week 50 59 46 56 60 77 76 58 Week 51 45 67 79 Week 52 49 57 70 55 65 79

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!