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Operations Management
Cadbury started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started recording sales data in two forms: yearly, & quarterly. The following tables show the recorded data for the past five years: Year Actual Demand 2017 128 2018 148 2019 161 2020 149 2021 137 Quarter 2017 2018 2019 2020 2021 1 30 39 42 36 33 2 42 41 47 34 45 31 33 41 42 31 4 25 35 31 37 28 The forecasted demand for the 4th Quarter of year 2022 is O 32.43 O 43.32 O 27.96

Cadbury started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started recording sales data in two forms: yearly, & quarterly. The following tables show the recorded data for the past five years: Year Actual Demand 2017 128 2018 148 2019 161 2020 149 2021 137 Quarter 2017 2018 2019 2020 2021 1 30 39 42 36 33 2 42 41 47 34 45 31 33 41 42 31 4 25 35 31 37 28 The forecasted demand for the 4th Quarter of year 2022 is O 32.43 O 43.32 O 27.96

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Cadbury started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started recording sales data in two forms: yearly, & quarterly. The following tables show the recorded data for the past five years: Actual Demand Year 2017 128 2018 148 2019 161 2020 149 2021 137 Quarter 2017 2018 2019 2020 2021 30 39 42 36 33 42 41 47 34 45 31 33 41 42 31 4 25 35 31 37 28 The forecasted demand for the 4th Quarter of year 2022 is 32.43 43.32 27.96
Transcribed Image Text:Cadbury started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started recording sales data in two forms: yearly, & quarterly. The following tables show the recorded data for the past five years: Actual Demand Year 2017 128 2018 148 2019 161 2020 149 2021 137 Quarter 2017 2018 2019 2020 2021 30 39 42 36 33 42 41 47 34 45 31 33 41 42 31 4 25 35 31 37 28 The forecasted demand for the 4th Quarter of year 2022 is 32.43 43.32 27.96
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