Question: Question 3 For this question you are expected to critically discuss and or calculate; the purpose and characteristics of demand forecasting; and or; demand forecasts
Question 3
For this question you are expected to critically discuss and or calculate; the purpose and characteristics of demand forecasting; and or; demand forecasts for one of your own key requirements for 6, 12, and 24 months:
- Identify a key requirement in the supply chain of your own workplace and, using any technique of your choice, forecast your demand for that requirement for 6 months, 12 months, and 24 months into the future. Show your basic workings and calculations
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