a
Interpretation:
Forecast sales of jeans for March through June.
Concept Introduction: Inventory management is the process of managing the company’s stock so that there are no stock-outs. It includes ordering, storing, managing the stock.
b
Interpretation:
Comparison of forecast using MAD and which is best.
Concept Introduction: Materials Requirement Planning is a process in which planning is made for the requirement of raw material required for the manufacturing of the finished products.
c
Interpretation:
Forecast using month of July.
Concept Introduction: Materials Requirement Planning is a process in which planning is made for the requirement of raw material required for the manufacturing of the finished products.
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