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Forecasting Room Congratulations, the design options for the two mobile phone lines have been specified. You will now have to predict the total demand for each product line. Your forecasting team members have come up with a consensus for what they believe demand will be for the mobile phone lines. However, the board of your company is interested in your personal estimates as well. The numbers you will forecast after entering the forecasting room will not affect your production schedule, but they will help you later as you determine where and how to source your products. Model A: Monthly Estimated Demand May-December in thousands per month 30 60 40 20- Andrei Aya Lorenzo Claire Byron Average: 56 Standard Dev: 2 Ruth Consensus Unit Data with Options as Chosen costs are on estimate from the lowest-cost contract manufacturer Model A $212.00 $133.00 $79.00 Unit Price Unit Cost Unit Profit Model $2520 $153.0 $99.0 Markdown (liquidation) Price Monthly Holding Cost "at the end of the year, all models left in stock will be sold to a consolidator of this price $119.70 $4,24 $45.9 $5.0 Enter your demand estimates This is your forecast for what monthly demand will be each month from May through December. There is no demand expected from January through April Model A k/month k/month Model B *Please write a short statement about the strategy you employed in sha

Forecasting Room Congratulations, the design options for the two mobile phone lines have been specified. You will now have to predict the total demand for each product line. Your forecasting team members have come up with a consensus for what they believe demand will be for the mobile phone lines. However, the board of your company is interested in your personal estimates as well. The numbers you will forecast after entering the forecasting room will not affect your production schedule, but they will help you later as you determine where and how to source your products. Model A: Monthly Estimated Demand May-December in thousands per month 30 60 40 20- Andrei Aya Lorenzo Claire Byron Average: 56 Standard Dev: 2 Ruth Consensus Unit Data with Options as Chosen costs are on estimate from the lowest-cost contract manufacturer Model A $212.00 $133.00 $79.00 Unit Price Unit Cost Unit Profit Model $2520 $153.0 $99.0 Markdown (liquidation) Price Monthly Holding Cost "at the end of the year, all models left in stock will be sold to a consolidator of this price $119.70 $4,24 $45.9 $5.0 Enter your demand estimates This is your forecast for what monthly demand will be each month from May through December. There is no demand expected from January through April Model A k/month k/month Model B *Please write a short statement about the strategy you employed in sha

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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Forecasting Room Congratulations, the design options for the two mobile phone lines have been specified. You will now have to predict the total demand for each product line. Your forecasting team members have come up with a consensus for what they believe demand will be for the mobile phone lines. However, the board of your company is interested in your personal estimates as well. The numbers you will forecast after entering the forecasting room will not affect your production schedule, but they will help you later as you determine where and how to source your products. Model A: Monthly Estimated Demand May-December in thousands per month 80 160 40 20 Aya Model B: Monthly Estimated Demand May-December in thousands per month 80- 60- 40 20- Andrei Andrei bishing Run Archive | Credits Aya Lorenzo Lorenzo Claire Claire Byron P Byron Ruth Average: 56 Standard Dev: 2 Textbook Ruth Consensus Average: 33 Standard Dev, 6 Consensus Quatrics https://chat.opena... 00 SCM TB Unit Data with Options as Chosen costs are an estimate from the lowest-cost contract manufacturer Model A Unit Price Unit Cost Unit Profit Markdown (liquidation) Price Monthly Holding Cost Model A Model B Submit $212.00 $133.00 $79,00 $119.70 $4.24 Model B $252.00 $153.00 $99.00 "at the end of the year, all models left in stock will be sold to a consolidator at this price k/month k/month $45.90 $5.04 Enter your demand estimates This is your forecast for what monthly demand will be each month from May through December. There is no demand expected from January through April, *Please write a short statement about the strategy you employed in the room Developed in partners with /forio
Transcribed Image Text:Forecasting Room Congratulations, the design options for the two mobile phone lines have been specified. You will now have to predict the total demand for each product line. Your forecasting team members have come up with a consensus for what they believe demand will be for the mobile phone lines. However, the board of your company is interested in your personal estimates as well. The numbers you will forecast after entering the forecasting room will not affect your production schedule, but they will help you later as you determine where and how to source your products. Model A: Monthly Estimated Demand May-December in thousands per month 80 160 40 20 Aya Model B: Monthly Estimated Demand May-December in thousands per month 80- 60- 40 20- Andrei Andrei bishing Run Archive | Credits Aya Lorenzo Lorenzo Claire Claire Byron P Byron Ruth Average: 56 Standard Dev: 2 Textbook Ruth Consensus Average: 33 Standard Dev, 6 Consensus Quatrics https://chat.opena... 00 SCM TB Unit Data with Options as Chosen costs are an estimate from the lowest-cost contract manufacturer Model A Unit Price Unit Cost Unit Profit Markdown (liquidation) Price Monthly Holding Cost Model A Model B Submit $212.00 $133.00 $79,00 $119.70 $4.24 Model B $252.00 $153.00 $99.00 "at the end of the year, all models left in stock will be sold to a consolidator at this price k/month k/month $45.90 $5.04 Enter your demand estimates This is your forecast for what monthly demand will be each month from May through December. There is no demand expected from January through April, *Please write a short statement about the strategy you employed in the room Developed in partners with /forio
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