Chapter 8: Read the case Yankee Fork and Hoe Company presented on page 334 of the textbook and provide your answers to the following questions.

Discuss the flaws of the forecasting system being used by Yankee and make recommendations to improve it.

Prepare a graph that shows the four-year demand history for the bow rake. Discuss any apparent trend and seasonal patterns.

Which forecasting method might be best for bow rakes for each month of Year 5? Why?

Use the forecasting method you recommended in part c to forecast demand for each month of Year 5. OM Explorer is highly recommended to develop your forecasts.

Four-Year Demand History for the Bow Rake:

	DEMAND
Month	Year 1	Year 2	Year 3	Year 4
1	55,220	39,875	32,180	62,377
2	57,350	64,128	38,600	66,501
3	15,445	47,653	25,020	31,404
4	27,776	43,050	51,300	36,504
5	21,408	39,359	31,790	16,888
6	17,118	10,317	32,100	18,909
7	18,028	45,194	59,832	35,500
8	19,883	46,530	30,740	51,250
9	15,796	22,105	47,800	34,443
10	53,665	41,350	73,890	68,088
11	83,269	46,024	60,202	68,175
12	72,991	41,856	55,200	61,100