2024 – Questions What forecasting methods should the company consider Please justify Use the classical decomposition
Operations Management Case Study 2 – 2024
Questions:
- What forecasting methods should the company consider? Please justify:
- Use the classical decomposition method to forecast average demand for 2016 by month. What is your forecast of monthly average demand for 2016?
- Best Homes is also collecting sales projections from each of its regions for 2016. What role should these additional sales projections play, along with the forecast from question 2, in determining the final national forecast?
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