Two years ago, Top-Slice Company moved from just making golf balls to also producing oversized drivers. Top-Slice makes three different models: the Bomber, the Hook King, and the Sir Slice-A-Lot. As the names suggest, the last two clubs help correct for golfers who either hook or slice the ball when driving. While Top-Slice is pleased with the growing sales for all three models (see the following tables), the numbers present Jacob Lee, the production manager, with a dilemma. Jacob knows that the current manufacturing work cell is capable of producing only 2,700 drivers per month, and total sales seem to be rapidly approaching that number. Jacob's staff has told him it will take at least three months to plan for and implement an expanded work cell. MONTH BOMBER ноок KING SIR SLICE-A-LOT April 2017 1,410 377 343 May 1,417 381 344 June 1,434 387 346 July 1,452 391 349 August 1,466 396 350 September 1,483 400 352 October 1,490 403 354 November 1,505 409 357 December 1,521 412 359 January 2018 1,536 420 363 February 1,547 423 365 March 1,554 426 367 April 1,562 431 369 May 1,574 437 371 June 1,587 441 375 July 1,595 445 377 August 1,613 454 381 September 1,631 461 384 October 1,642 464 386 November 1,656 471 389 December 1,673 477 392 January 2019 1,685 480 394 February 1,703 485 396 March 1,720 490 399

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A: Below is the solution:-

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A:

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Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.