Question: Attached Files: Demand Forecasting Data - Chapter 5.xlsx(19.268 KB) Attached to this assignment, you will find REAL LIFE data on two product shipments,for the overall

Attached Files:

Demand Forecasting Data - Chapter 5.xlsx(19.268 KB)

Attached to this assignment, you will find REAL LIFE data on two product shipments,for the overall industry manufacturing these products.One tab of the Excel spreadsheet deals with two kinds of lawn mowers: Walk-behind mowers, and zero-turn radius mowers. The other tab is dishwashers. I want you to imagine you have been hired as a consultant to a company that makes these products, to advise them on how many they can expect to sell over the next two years.

Using at least TWO DIFFERENT forecasting methods, I want you to forecast sales through 2016 and 2017 for the two types of mowers,and then for dishwashers. Clearly explain your forecasting methods, and why you chose that technique in your Excel spreadsheet. Analyze and explain your results, and tell why this could be very important to the manufacturer who hired you.

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