(Solution) 1Forecast A) Generate 2 Different Forecasts Given The Marketing Data. You May Choose Any Two Methods From Those Learned In Class Excluding Any Nave... | Snapessays.com


(Solution) 1Forecast a) Generate 2 different forecasts given the Marketing data. You may choose any two methods from those learned in class excluding any nave...


I need forecast and aggregate tab solve by March 20. Instruction is included in document.1

 

Scheduling Assignment

 

There are five parts to this assignment detailed in this section.

 

1

 

Forecast

 

a)

 

Generate 2 different forecasts given the Marketing data.

 

You may choose any two methods

 

from those learned in class excluding any naïve forecast method.

 

?

 

You must code your own calculations; you cannot use any Excel Add Ins or third party

 

tools such as Excel’s Data Analysis tools (Solver, Regression, etc.), SPSS, Minitab or

 

others.

 

b)

 

Select one forecast to use for the remainder of this project.

 

Explain your reasoning behind

 

selecting that particular forecast.

 

2

 

Aggregate Plan

 

a)

 

Generate 3 different aggregate plans given the available data, your selected forecast, and stated

 

constraints.

 

Each plan is to end the planning year with no remaining back orders and no

 

finished goods inventory.

 

1.

 

Plan #1

 

?

 

Starting inventory of 450 units

 

?

 

Overtime allowed up to 400 units per period

 

?

 

No subcontracting allowed in any period

 

?

 

Backorders are not allowed in any period

 

2.

 

Plan #2

 

?

 

Starting inventory of 400 units

 

?

 

No overtime allowed in any period

 

?

 

Subcontracting up to 400 units is allowed in any period

 

?

 

There may be up to 50 units on backorder in any period

 

3.

 

Plan #3

 

?

 

Starting inventory of 500 units

 

?

 

Employee headcount remain constant all year

 

?

 

Overtime is allowed up to 300 units in any period

 

?

 

Subcontracting of up to 200 units is allowed in any period

 

?

 

There may be up to 100 units on backorder in any period

 

b)

 

Select one aggregate plan to use for the remainder of this project.

 

Explain your reasoning

 

behind selecting that particular plan.

 


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This question was answered on: May 23, 2022

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