the case study, recommend a forecasting method

the case study, recommend a forecasting method

the case study, recommend a forecasting method

Case Study: Personal Care Grooming page 194This is a case study. Could you please help me answer these 3 questions from this case study? After reading the case study, recommend a forecasting method for each product based on a review of the data. Calculate forecasts for each month in the table, plus forecasts for July and August of the current year.Focus on B1300 Sales and create a forecasting model. Forecast sales in January and February of 2008 (the next two months). Consider a number of different ways that we discussed to create a model. Compare them to one another using common measures of forecasting error.Consider A1000 Sales. Plot the data as a line chart over time to get a feel for how the demand changes throughout the year. What type of product might have that kind of demand patterns? What challenges does this type of demand pattern present to managers?

 

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