Question: You have just started a position as a Demand Manager at a sign manufacturer in town. The owner would like to develop a forecasting system

You have just started a position as a Demand Manager at a sign manufacturer in town. The owner would like to develop a forecasting system and has asked you to formulate a summary to walk them through each of the steps and important considerations. Describe briefly the steps needed to develop a forecasting system. What are some important elements that should be considered (model, monitoring, measuring accuracy)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!