The operations manager has compiled data on demand for the two most popular books from order records for the previous 14 months, as shown in the table below. Study the forecast figures for ‘JHS Science Textbook’ from the table and determine if a demand pattern is obvious, and hence prepare a monthly forecast for the next four months for this product. Briefly explain why you chose the particular method used for this forecast. Month JHS Science Textbook (cartons) SHS Math Textbook (cartons) 1 50 40 2 54 38 3 57 41 4 60 46 5 64 42 6 67 41 7 90* 41 8 76 47 9 79 42 10 82 43 11 85 42 12 87 49 13 92 43 14 96 44 *Unusual order due to flooding of a major distributor’s warehouse.
The operations manager has compiled data on demand for the two most popular books from order records for the previous 14 months, as shown in the table below. Study the forecast figures for ‘JHS Science Textbook’ from the table and determine if a demand pattern is obvious, and hence prepare a monthly forecast for the next four months for this product. Briefly explain why you chose the particular method used for this forecast. Month JHS Science Textbook (cartons) SHS Math Textbook (cartons) 1 50 40 2 54 38 3 57 41 4 60 46 5 64 42 6 67 41 7 90* 41 8 76 47 9 79 42 10 82 43 11 85 42 12 87 49 13 92 43 14 96 44 *Unusual order due to flooding of a major distributor’s warehouse.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The operations manager has compiled data on demand for the two most popular books from order records for the previous 14 months, as shown in the table below. Study the
forecast.
|
Month |
JHS Science Textbook (cartons) |
SHS Math Textbook (cartons) |
|
1 |
50 |
40 |
|
2 |
54 |
38 |
|
3 |
57 |
41 |
|
4 |
60 |
46 |
|
5 |
64 |
42 |
|
6 |
67 |
41 |
|
7 |
90* |
41 |
|
8 |
76 |
47 |
|
9 |
79 |
42 |
|
10 |
82 |
43 |
|
11 |
85 |
42 |
|
12 |
87 |
49 |
|
13 |
92 |
43 |
|
14 |
96 |
44 |
|
*Unusual order due to flooding of a major distributor’s warehouse. |
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