Question: Please I need a solution in excel form or not in excel but easy to follow step by step for # 2 and #3 The
Please I need a solution in excel form or not in excel but easy to follow step by step for # 2 and #3
The first case study is related to Demand Forecasting (Toffee Inc.: Demand Planning for Chocolate Bars)
Please analyze and answer the following questions. Please show your calculation to support your answers.
1) What kind of sales demand is Toffee Inc. looking at? Is there any seasonality pattern in demand?
2) What are seasonal forecasting factors computed?
3) How can trend projection be used for quarterly forecasting in 2011?
4) Considering the demand pattern, which forecasting method is best suited to the situation that the company is in?
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