Quantitative Forecasting Question 1

Class,

Please answer the following.

Gary Puckette, human relations director at ABC Company, and Steve Gap, ABCs operations director, have been asked by General Manager Dick Clark to confirm a manpower budget for a new products upcoming production run next month. When Gary and Steve select their quantitative forecasting method, on which time horizon should they be focusing on to choose their forecasting method?

Choose from the list below and explain why:

• Long range
• Annual
• Short range