Aurora Demand & Inventory

Instructions

Complete the following steps to forecast demand for the Aurora Backpack and purchase inventory.

$1$

Review the Historical Sales Data & the Forecasting Model Guide

Review the historical Aurora sales data and the Forecasting Model Guide available in your Resources to inform your forecasting model selection.

$2$

Select a Forecasting Model

Select a forecasting model from the provided options that will most accurately forecast demand for the Aurora Backpack.

$3$

Review Supplier Data

Review the supplier data in the given table to help determine how much to order and when.

$4$

Create Purchase Orders & Review the Forecast

Choose the supplier$($s$)$ to order from and the number of units to order from each. As you create purchase orders $($POs$),$ consider each supplier's minimum and maximum order quantities along with the inventory levels you are expected to maintain. Select Generate POs to create purchase orders, or select Modify Order to adjust the purchase orders.

$5$

Review the Purchase Orders & Purchase Inventory

After generating purchase orders, carefully review them to ensure you are ordering the correct amount of inventory from your desired supplier$($s$).$ Select Save All POs to purchase inventory, or select Start Over to delete your purchase orders and begin again.

O Forecast Demand & Create Purchase Orders

Select a Forecasting Model

Select model

Review Supplier Data

Adam$-$Jenkins Group

Qualidade Distribuci$$n

Minimum Order

Quantity

Maximum Order

Quantity

Minimum

Multiples

Unit Cost

Per Order Cost

Per Unit Holding

Cost

Full Quarter

Forecast

Lead Time

Create Purchase Orders

$500$

$2,500$

$5$

$$31\mathrm{.}50$

$$500\mathrm{.}00$

$$0\mathrm{.}61$

$2$

Crosby Suppliers, LLC

$3,000$

$7,000$

$5$

$$27\mathrm{.}50$

$$500\mathrm{.}00$

$$0\mathrm{.}53$

$1$

$5$

$1,000$

$6,000$

$5$

$$28\mathrm{.}75$

$$500\mathrm{.}00$

$$0\mathrm{.}56$

$4$

Lupa Industries Inc.

$6,000$

$12,500$

$250$

$$25\mathrm{.}50$

$$500\mathrm{.}00$

$$0\mathrm{.}50$

$1$

$8$